
Arbitration Act (UK)
The Arbitration Act 1996 is UK legislation that governs how parties resolve disputes outside court through arbitration. It sets out rules for appointing arbitrators, conducting hearings, and making decisions (awards). The Act emphasizes the importance of party agreement, ensuring arbitration is fair, efficient, and that decisions are final and binding. It also provides guidance on court intervention when necessary, such as for enforcing arbitration agreements or awards. Overall, the Act aims to facilitate a flexible, private, and effective alternative to litigation for resolving commercial disputes.