- Latest available (Revised)
- Original (As enacted)
This is the original version (as it was originally enacted).
The founding principles of this Act are—
(a)that the object of arbitration is to resolve disputes fairly, impartially and without unnecessary delay or expense,
(b)that parties should be free to agree how to resolve disputes subject only to such safeguards as are necessary in the public interest,
(c)that the court should not intervene in an arbitration except as provided by this Act.
Anyone construing this Act must have regard to the founding principles when doing so.
(1)In this Act, unless the contrary intention appears—
arbitration between parties residing, or carrying on business, anywhere in the United Kingdom, and
“arbitrator” means a sole arbitrator or a member of a tribunal,
any refusal to accept a claim, and
any other difference (whether contractual or not),
“party” means a party to an arbitration,
“rules” means the Scottish Arbitration Rules (see section 7), and
“tribunal” means a sole arbitrator or panel of arbitrators.
(2)References in this Act to “an arbitration”, “the arbitration” or “arbitrations” are references to a particular arbitration process or, as the case may be, to particular arbitration processes.
(3)References in this Act to a tribunal conducting an arbitration are references to the tribunal doing anything in relation to the arbitration, including—
(a)making a decision about procedure or evidence, and
(b)making an award.
(1)An arbitration is “seated in Scotland” if—
(a)Scotland is designated as the juridical seat of the arbitration—
(i)by the parties,
(ii)by any third party to whom the parties give power to so designate, or
(iii)where the parties fail to designate or so authorise a third party, by the tribunal, or
(b)in the absence of any such designation, the court determines that Scotland is to be the juridical seat of the arbitration.
(2)The fact that an arbitration is seated in Scotland does not affect the substantive law to be used to decide the dispute.
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Original (As Enacted or Made):The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Text created by the Scottish Executive department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Acts of the Scottish Parliament except those which result from Budget Bills
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