(1)In this Act—
" arbitration agreement " means an agreement in writing (including an agreement contained in an exchange of letters or telegrams) to submit to arbitration present or future differences capable of settlement by arbitration ;
" Convention award " means an award made in pursuance of an arbitration agreement in the territory of a State, other than the United Kingdom, which is a party to the New York Convention ; and
" the New York Convention " means the Convention on the Recognition and Enforcement of Foreign Arbitral Awards adopted by the United Nations Conference on International Commercial Arbitration on 10th June 1958.
(2)If Her Majesty by Order in Council declares that any State specified in the Order is a party to the New York Convention the Order shall, while in force, be conclusive evidence that that State is a party to that Convention.
(3)An Order in Council under this section may be varied or revoked by a subsequent Order in Council.
(1)This Act may be cited as the Arbitration Act 1975.
(2)The following provisions of the Arbitration Act 1950 are hereby repealed, that is to say—
(a)section 4(2);
(b)in section 28 the proviso;
(c)in section 30 the words " (except the provisions of subsection (2) of section 4 thereof) "; (d) in section 31(2) the words "subsection (2) of section 4 "; and
(e)in section 34 the words from the beginning to " save as aforesaid ".
(3)This Act shall come into operation on such date as the Secretary of State may by order made by statutory instrument appoint.
(4)This Act extends to Northern Ireland.