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This is the original version (as it was originally enacted).
(1)The parties are free to agree with an arbitrator as to the consequences of his resignation as regards—
(a)his entitlement (if any) to fees or expenses, and
(b)any liability thereby incurred by him.
(2)If or to the extent that there is no such agreement the following provisions apply.
(3)An arbitrator who resigns his appointment may (upon notice to the parties) apply to the court—
(a)to grant him relief from any liability thereby incurred by him, and
(b)to make such order as it thinks fit with respect to his entitlement (if any) to fees or expenses or the repayment of any fees or expenses already paid.
(4)If the court is satisfied that in all the circumstances it was reasonable for the arbitrator to resign, it may grant such relief as is mentioned in subsection (3)(a) on such terms as it thinks fit.
(5)The leave of the court is required for any appeal from a decision of the court under this section.
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