The Windsor Report Proposed Covenant died a horrible death, remaining a still born appendage to the Windsor Report. It referred most disputes to the Archbishop of Canterbury. The WR itself has suffered massive hemorrhaging and barely has in it any life at all.
The second iteration, the first product of the Covenant Drafting Group, has come to be known as the Nassau Draft. It included as part of its last section, "Unity in Communion," the seed of a canon law for dealing with issues of contention. Such issues were to go primarily to the Primates. It was terrible and was widely criticized.
The third iteration, called the St. Andrew's Draft puts the process of dealing with disputes in a separate Appendix. Again, the draft has much to offer, but the Appendix is the beginning of a canonical process and is being widely criticized as the beginning of Anglican Communion canon law.
There have been two efforts to provide flow charts for the St. Andrew's Draft Appendix: You can see them HERE and HERE. (Thanks to Thinking Anglicans) The most important thing to say about the St. Andrew's Draft Appendix is that it is so complex that even the flow charts gasp for air.
The skunk under the hood is this: If you look at the current iterations of the Anglican Covenant idea, they all point to an unmanageable and complex process by which churches now part of the Anglican Communion could be kicked out.
So in an effort to provide a more generous and enlightened flow chart for the drafting of a means of settling disputes in the Anglican Communion I offer the following:
1. Assuming that the Anglican Communion (AC) is a "one world" sort of entity, that is an entity that is a world wide church, what it can't deal with is fracture.
2. When Church X in the AC does something that ticks off Church Y or the Instruments of Communion (IC), Church Y or the IC declares that Church X is full of TRASH and the TRASH has to be taken out.
3. Church X can either empty the trash or declare that the trash is what they wish to embrace, following Our Lord's position that lots of TRASH will get into heaven, or California, whichever comes first, before the seemingly good people.
5. If Church X does not empty the TRASH, then Church Y or the IC can try to force them to do so. They do so by calling Church X to repentance. The message can be delivered by any of the IC.
6. If Church X does not repent, then Church Y and the IC can state that the AC is broken and Church X is the problem. While they can not make Church X remove the TRASH, they can symbolically burn that TRASH, and they do so by excommunicating Church X.
7. Church X does not have to give a damn, of course, because item 1 that presupposes that there is a world wide Anglican Church, is mistaken.
8. Church X and Y and the IC begin to deal with one another as ecumenical partners. None of the other ecumenical partners can tell the difference between the state of affairs at the start of this process and the state at the end.
9. God will work God's purpose out. Bridge building will happen, and there will be peace in the valley again. The patch up will happen, without there having to be a World Wide Anglican Church.
I hope this helps.