Arbitration Act 1996

The Arbitration Act 1996 is a UK law that governs how disputes can be resolved outside the courts through arbitration. It provides a framework for the arbitration process, including how to appoint arbitrators, conduct hearings, and enforce decisions. The Act encourages parties to agree on how to resolve their disputes privately and efficiently, offering a quicker and often less expensive alternative to litigation. It emphasizes the importance of party autonomy, allowing them to set their own rules within the legal framework, while ensuring fairness and impartiality in the arbitration process.