Disposition by consent decree

(a) A respondent may agree to enter into a written consent decree in lieu of an adjudicated hearing on an issue. The acceptance of a consent decree is within the complete discretion of the board or the division. (b) A consent decree shall contain: (1) An admission of all jurisdictional facts; (2) An express waiver of the requirement that the decision of the board or the division contain findings of fact and conclusions of law, stated separately; (3) An express waiver of the right to appeal or otherwise challenge or contest the validity of the decree; (4) A statement that the consent decree shall have the same force and effect as provided by statute for other final decisions or decrees and shall become final when issued; (5) The signature of the presiding officer. (c) A consent decree is a matter of public record and will be available for public inspection in the offices of the board or division. (d) A consent decree has the same force and effect as a final decision or decree issued following a show cause hearing.