Sept 18 (Reuters) - Boral Ltd BLD.AX :
* Entered settlement agreement with the construction and general division of the victorian CFMEU
* Settlement will ensure Boral is protected against a continuation of the black ban initiated by the union more than two years ago
* Total amount payable by the union in that year would be $1.6 million
* Ement also includes the payment to Boral of between $7 million and $9 million in damages and legal expenses
* Says kane said the settlement had no bearing on the continuing accc secondary boycott action scheduled for trial in March 2016
* Boral retains all rights with respect to any future illegal conduct by the cfmeu
* Agreement includes a legally binding contractual mechanism that will activate upon any violation of agreement
* Source text for Eikon ID:nASXbMpVQy