Australian Capital Territory Current Acts

COMMERCIAL ARBITRATION ACT 2017 - SECT 17G

(Model Law art 17G)

    (1)     The party requesting an interim measure is liable for any costs and damages caused by the measure to any party if the arbitral tribunal later determines that, in the circumstances, the measure should not have been granted.

    (2)     The arbitral tribunal may award such costs and damages at any point during the proceedings.

Note     This section is substantially the same as the Model Law, art 17G but the reference to applications for preliminary orders is omitted as a consequence of this Act not including equivalents to the Model Law, art 17B and art 17C.