(1)This Act does not apply to an arbitration begun before commencement.
(2)This Act otherwise applies to an arbitration agreement whether made on, before or after commencement.
(3)Despite subsection (2), this Act does not apply to an arbitration arising under an arbitration agreement (other than an enactment) made before commencement if the parties agree that this Act is not to apply to that arbitration.
(4)Ministers may by order specify any day falling at least 5 years after commencement as the day on which subsection (3) is to cease to have effect.
(5)Before making such an order, Ministers must consult such persons appearing to them to have an interest in the law of arbitration as they think fit.
(6)Any reference to an arbiter in an arbitration agreement made before commencement is to be treated as being a reference to an arbitrator.
(7)Any reference in an enactment to a decree arbitral is to be treated for the purposes of section 12 as being a reference to a tribunal’s award.
(8)An express provision in an arbitration agreement made before commencement which disapplies section 3 of the Administration of Justice (Scotland) Act 1972 (c. 59) in relation to an arbitration arising under that agreement is, unless the parties otherwise agree, to be treated as being an agreement to disapply rules 41 and 69 in relation to such an arbitration.
(9)In this section, “commencement” means the day on which this section comes into force.