Home » Nigeria » Section 20 Nigerian Arbitration and Mediation Act 2023

Section 20 Nigerian Arbitration and Mediation Act 2023

Section 20 Arbitration and Mediation Act

Section 20 Arbitration and Mediation Act 2023 is about Power of arbitral tribunal to grant interim measures. It is under Part I (Arbitration) of the Act.

(1) Unless otherwise agreed to by the parties, the arbitral tribunal may, at the request of a party, grant interim measures.

(2) An interim measure is a temporary measure, whether in the form of an award or in another form, which, at any time before the award which decides the dispute is issued, the arbitral tribunal orders a party to –

(a) maintain or restore the status qua pending determination of the dispute;
(b) take action that may prevent, or refrain from taking action that is likely to cause, current or imminent harm or prejudice to the arbitral process itself;
(c) provide a means of preserving assets out of which a subsequent award may be satisfied; or
(d) preserve evidence that may be relevant and material to the resolution of the dispute or preserve the subject matter of the arbitration itself.

See also  Section 97 Nigerian Child's Right Act 2003

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