Rule 57 Arbitration to end on last award or early settlement DS
57(1)An arbitration ends when the last award to be made in the arbitration is made (and no claim, including any claim for expenses or interest, is outstanding).S
(2)But this does not prevent the tribunal from ending the arbitration before then under rule 20(3) or 37(1).
(3)The parties may end the arbitration at any time by notifying the tribunal that they have settled the dispute.
(4)On the request of the parties, the tribunal may make an award reflecting the terms of the settlement and these rules (except for rule 51(2)(c) and Part 8) apply to such an award as they apply to any other award.
(5)The fact that the arbitration has ended does not affect the operation of these rules (in so far as they apply) in relation to matters connected with the arbitration.
Commencement Information
I1Sch. 1 rule 57 in force at 7.6.2010 for specified purposes by S.S.I. 2010/195, art. 2 (with arts. 3, 4)