COMMERCIAL ARBITRATION ACT 2012 - SECT 31
COMMERCIAL ARBITRATION ACT 2012 - SECT 31
31 . Form and contents of award (cf. Model Law Art 31)
(1) The award must be
made in writing and must be signed by the arbitrator or arbitrators.
(2) In arbitral
proceedings with more than one arbitrator, the signatures of the majority of
all members of the arbitral tribunal suffices, provided that the reason for
any omitted signature is stated.
(3) The award must
state the reasons upon which it is based, unless the parties have agreed that
no reasons are to be given or the award is an award on agreed terms under
section 30.
(4) The award must
state its date and the place of arbitration as determined in accordance with
section 20.
(5) The award is taken
to have been made at the place stated in the award in accordance with
subsection (4).
(6) After the award is
made, a copy signed by the arbitrators in accordance with subsection (1) must
be delivered to each party.