The Arbitration Act 2010 gives access to a recognisable and internationally accepted code of international arbitration law, originally devised by the United Nations Commission on International Trade Law, also known as the 'Model Law'.
The Arbitration Act 2010 is intended to:
- agree resolution of disputes by way of arbitration;
- give the force of law to the UNCITRAL Model Law on Commercial Arbitration;
- give the force of law to the Protocol on Arbitration Clauses opened at Geneva on 24 September 1923, the Convention on the Execution of Foreign Arbitral Awards done at Geneva on 26 September 1927, the Convention on the Recognition and Enforcement of Foreign Arbitral Awards done at New York on 10 June 1958 and to the Convention on the settlement of investment disputes between states and nationals of other states opened for signature in Washington on 18 March 1965;
- repeal the Arbitration Acts 1954 to 1998; and to provide for related matters.
The Act is available on the legislation pages of the website