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Preamble, The Arbitration Act, 2022

Status not yet checkedThe Arbitration Act, 2022, Sierra Leone

THE ARBITRATION ACT, 2022 Being an Act to repeal and replace the Arbitration Act CAP 25 to provide for the incorporation of the Convention on the Recognition and Enforcement of Arbitral Awards 1958 (New York Convention) in respect of awards made in Sierra Leone or in a contracting State, to provide for the implementation of the Convention on the Settlement of investment disputes between states and nationals of other states; to provide for fair settlement of disputes by domestic and international arbitration and to provide for other related matters. [ ] ENACTED by the President and Members of Parliament in this present Parliament assembled. Date of commencement. "data message" means information generated, sent, received or stored by electronic, magnetic, optical or similar means, including, electronic data interchange, electronic mail, telegram, telex or telecopy; "dispute" includes difference or disagreement which has arisen or which may arise between parties in respect of a defined legal relationship, whether contractual or not; "domestic arbitration" means an arbitration which is not an international arbitration; "electronic communication" means communication by means of data messages made by the parties; "ICSID Convention" means the Convention on the Settlement of Investment Disputes between States and Nations of other States 1966, to which Sierra Leone became a party on 14th October 1966; "international arbitration" means an arbitration where - (a) at least one of the parties to an arbitration agreement, at the time of the conclusion of that agreement, has its place of business in a State other than Sierra Leone; (b) the parties have their place of business in Sierra Leone and one of the following is situated in another State - (i) the seat of arbitration, if determined in or pursuant to the arbitration agreement; 4 No. The Arbitration Act 2022 SIGNED this 6th day of September, 2022. DR. JULIUS MAADA BIO, President. LS PART I – PRELIMINARY

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