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Australian domestic arbitration law reform
Practical Law UK Legal Update 0-508-0529 (Approx. 2 pages)
Australian domestic arbitration law reform
by Practical Law
| Published on 01 Sep 2011 • Australia |
Andrew Robertson (Partner), Piper Alderman
As reported last month, Australia continues to advance the process of modernisation and reform of its domestic arbitration legislation by adopting legislation based on the UNCITRAL Model Law. The result will be broadly to align domestic and international legislation.
During August 2011, the Commercial Arbitration Bill was introduced into the Victorian Parliament (16 August 2011) and the Bill was also passed in the Northern Territory (the Lower House).
This means that most States and Territories have now passed, or are in the course of passing, the new legislation (see Legal update, Australian domestic arbitration legislation). Only Queensland, Western Australia and the Australian Capital Territory are yet to introduce the Bill into their respective Parliaments.
Once passed in all the States and Territories, the Commercial Arbitration Act will ensure that Australia has a relatively consistent domestic and international arbitration legislation based on the UNCITRAL Model Law.