COMMERCIAL ARBITRATION ACT 2012 - SECT 33
COMMERCIAL ARBITRATION ACT 2012 - SECT 33
33 . Correction and interpretation of award; additional award (cf. Model Law Art 33)
(1) Within 30 days of
receipt of the award, unless another period of time has been agreed on by the
parties —
(a) a
party, with notice to the other party, may request the arbitral tribunal to
correct in the award any errors in computation, any clerical or typographical
errors or any errors of similar nature; and
(b) if
so agreed by the parties, a party, with notice to the other party, may request
the arbitral tribunal to give an interpretation of a specific point or part of
the award.
(2) If the arbitral
tribunal considers a request under subsection (1) to be justified, it must
make the correction or give the interpretation within 30 days of receipt of
the request.
(3) The interpretation
forms part of the award.
(4) The arbitral
tribunal may correct any error of the type referred to in subsection (1)(a) on
its own initiative within 30 days of the date of the award.
(5) Unless otherwise
agreed by the parties, a party, with notice to the other party, may request,
within 30 days of receipt of the award, the arbitral tribunal to make an
additional award as to claims presented in the arbitral proceedings but
omitted from the award.
(6) If the arbitral
tribunal considers the request to be justified, it must make the additional
award within 60 days.
(7) The arbitral
tribunal may extend, if necessary, the period of time within which it may make
a correction, interpretation or an additional award under subsection (2) or
(5).
(8) Section 31 applies
to a correction or interpretation of the award or to an additional award.