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Commercial Arbitration Act 2011

The new Commercial Arbitration Act 2011 will replace the Commercial Arbitration Act 1984 with a new model Bill agreed to by the Standing Committee of Attorneys-General, based on the United Nations Commission on International Trade Law Model Law on International Commercial Arbitration and supplemented by provisions relevant for a domestic commercial arbitration regime.

The Act will provide businesses with better access to processes for the fair and final resolution of commercial disputes by impartial arbitral tribunals without unnecessary delay or expense. The Act will introduce key reforms including greater flexibility in structuring procedures for arbitrations, restricting the grounds for challenging the appointment of an arbitrator or an award and imposing an obligation of confidentiality.

The 'United Nations Commission on International Trade Law Model Law on International Commercial Arbitration' document can be downloaded via the link below.

A copy of the Commercial Arbitration Act 2011, Second Reading Speech and Statement of Compatibility are available via the related links on this page.

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Author:	Department of Justice, Civil Law Policy
Place of Publication:	Melbourne
Publisher:	Department of Justice
Date of Publication:	November 2011
Number of Pages:	United Nations Commission on International Trade Law Model Law on International Commercial Arbitration 56
Copyright:	State of Victoria, 2011