The Arbitration Act 1996

The Arbitration Act 1996 is a UK law that governs the process of arbitration, a method of resolving disputes outside of court. It outlines how parties can agree to settle their disagreements through an arbitrator, who acts as a neutral third party. The Act ensures that arbitration is conducted fairly and efficiently, providing guidelines for the appointment of arbitrators, the conduct of proceedings, and the enforcement of arbitration awards. It emphasizes the importance of the parties' autonomy in deciding how to resolve their disputes while ensuring that the process is legally binding and recognized by courts.