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(1)In subsection (3) of section four hundred and ninety-six of the Merchant Shipping Act, 1894 (which requires a sum deposited with a wharfinger by an owner of goods to be repaid unless legal proceedings are instituted by the shipowner), the expression " legal proceedings " shall be deemed to include arbitration.
(2)For the purposes of the said section four hundred and ninety-six, as amended by this section, an arbitration shall be deemed to be commenced when one party to the arbitration agreement serves on the other party or parties a notice requiring him or them to appoint or concur in appointing an arbitrator, or, where the arbitration agreement provides that the reference shall be to a person named or designated in the agreement, requiring him or them to submit the dispute to the person so named or designated.
(3)Any such notice as is mentioned in subsection (2) of this section may be served either—
(a)by delivering it to the person on whom it is to be served; or
(b)by leaving it at the usual or last known place of abode in England of that person; or
(c)by sending it by post in a registered letter addressed to that person at his usual or last known place of abode in England;
as well as in any other manner provided in the arbitration agreement; and where a notice is sent by post in manner prescribed by paragraph (c) of this subsection, service thereof shall, unless the contrary is proved, be deemed to have been effected at the time at which the letter would have been delivered in the ordinary course of post.
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