Arbitration Law Reform - A Paradigm Shift?
3 Pages Posted: 18 Apr 2012
Date Written: March 30, 2012
Abstract
Australia's arbitration law is undergoing a fundamental change, in order to update the law and to promote Australia as a seat of arbitration. Changes to the legislation for the international and domestic arbitration regime help achieve that goal. Both categories of legislation adopt the most recent UNCITRAL Model Law. This article is a practical summary of the proposed changes to the Commercial Arbitration Act of Western Australia, why the law has changed and what the implications of those changes will be.
Keywords: Commercial Arbitration Act, Western Australia, WA, UNCITRAL Model Law, Civil Disputes Resolution Act (CTH)
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