09 Nov 2023
Following the UK Law Commission's consultations on the Arbitration Act 1996 (the Act), a new Arbitration Bill (the Bill) is included in the legislative programme for the coming parliamentary session. The Bill was announced by King Charles III in his inaugural speech at the State Opening of Parliament on 7 November 2023.
The Bill will update the Act and will apply to England, Wales and Northern Ireland. As this Act forms the basis of legislation in many other jurisdictions, this development is of international interest.
Catherine Dixon, CEO of Ciarb, says, "We worked very closely with the UK Law Commission during its review of the Arbitration Act 1996. As the leading professional body for dispute resolvers, we are delighted that the majority of our recommendations were adopted in the Law Commission's report and, subsequently, the Bill. We are pleased that the UK Government has included legislative reform of the Arbitration Act as a key priority in this Parliament, recognising the importance of arbitration to the UK and globally, as the Act forms the basis of legislation in many other jurisdictions."
Ciarb contributed extensively to the review of the Act in several ways by:
The King’s Speech signalled that the Government has accepted all of the recommendations put forward by the UK Law Commission in its review and report on the Act. These include:
Also approved are the UK Law Commission’s recommendations for minor corrections which include:
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