(1) Subject to this section, the Minister may, on the advice of the Attorney General, the Accountant General and the Director of Audit, settle a claim and direct the Accountant General, in writing, to pay the amount in settlement of the claim out of the Consolidated Fund, where money is required to be paid by the Government —
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(a) by an order of a court;
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(b) by a decision or order of a tribunal established by an enactment;
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I by an arbitration award pursuant to arbitration proceedings established by an enactment;
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(d) by an out of court settlement, if a claim against the Government, has not been heard by a court, tribunal or arbitrator and the claim is reasonably expected to result in an order or award against the Government.