Arbitration Act (Cap. 387)

Arbitration Act (Cap. 387), article 76

Official PDF on legislation.mt

76. (1) Awards delivered pursuant to the Convention on the Settlement of Investment Disputes between States and Nationals of other States, which convention was opened for signature in Washington on the 18th March, 1965, (which convention is hereafter in this article referred to as "the Convention" and i s reproduced in the Third Schedule to this Act) shall be recognis ed ARBITRATION [CAP. 387. 33 and enforced by the courts of Malta as if such awards were fina l judgments under the laws of Malta. (2) The provisions of subarticle (1) shall apply only to such awards on disputes submitted to arbitration by the parties ther eto in accordance with the Convention and not otherwise excluded in accordance with the same Convention. (3) For the purposes of Article 54 of the Convention, the competent authority shall be the Centre. (4) The Prime Minister may by order in the Gazette and notwithstanding any other law, make provision to give effect to any part of the Convention, and without prejudice to the generality of the foregoing may by such order grant such immunities and exemptions from any law as may be required by the Convention. PART VIII Miscellaneous Language of schedules.

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Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.