Summary
The principal statute governing arbitration in England & Wales. Based on the UNCITRAL Model Law, it establishes the framework for arbitration agreements, tribunal powers, awards, and limited court intervention. Makes London one of the world's leading arbitration seats.
Key Points
- Party autonomy as the guiding principle
- Limited court intervention (s.1(c))
- Stay of proceedings in favour of arbitration (s.9)
- Challenge of awards: serious irregularity (s.68) or point of law (s.69)
Parts & Sections
Amendments History
2025 — Arbitration Act 2025 (proposed)
Law Commission recommendations for reform including codification of the law governing arbitration agreements.