(1) In any appeal the Governor in Council may in his discretion direct a case to be stated for the opinion of the Court of Appeal on any question of law involved in any appeal submitted to him.
(2) The terms of any such case shall be agreed upon by the parties concerned, or, in the event of their failure to agree, shall be settled by the Court of Appeal.
(3) The Court of Appeal shall hear and determine the question of law arising on any case stated as aforesaid, and shall remit the matter to the Governor in Council who shall give effect by order to the finding of the court. The costs of such hearing before the Court of Appeal shall be in the discretion of the Court of Appeal.
(4) Any party to the appeal shall be entitled to be heard by counsel or in person on the hearing before the Court of Appeal of any case so stated.