Victorian Consolidated Regulations Victorian Consolidated Regulations(1) The power and discretion of the Court as to arbitration under section 47A of the Act shall be exercised subject to and in accordance with this Rule.
(2) An order for reference to arbitration may be made at any stage of a proceeding.
(3) The order shall specify either—
(a) that the provisions of the Commercial Arbitration Act 2011 shall apply, so far as practicable, to the arbitration; or
(b) that the provisions of the International Arbitration Act 1974 of the Commonwealth shall apply, so far as practicable, to the arbitration—
and the order shall have effect accordingly.
(4) The Court may, subject to the provisions of the Commercial Arbitration Act 2011 or the International Arbitration Act 1974 of the Commonwealth, as the case requires, by order made under paragraph (2) or at any time—
(a) give such directions and make such orders for the conduct of the arbitration as the parties may agree or as they might have agreed had the arbitration been made pursuant to an arbitration agreement;
(b) make such orders as to the
remuneration of the arbitrator and the giving of security for such
remuneration as it thinks fit.