(1) If a Conciliation Officer is satisfied that there is a genuine dispute with respect to liability for payment of compensation referred to in section 297(1) and (2), the Conciliation Officer must notify the person—
(a) who made the claim for compensation; or
(b) who was receiving compensation—
of that fact and that an application may be made to a court to determine the matter.
(2) For the purposes of this section, a Conciliation Officer is to be taken to be satisfied that there is a genuine dispute if the Conciliation Officer is satisfied that there is an arguable case in support of the denial of liability for the payment of compensation.