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Section 28 Nigerian Arbitration and Mediation Act 2023

Section 28 Arbitration and Mediation Act

Section 28 Arbitration and Mediation Act 2023 is about Recognition and enforcement of interim measures. It is under Part I (Arbitration) of the Act.

(1) An interim measure issued by an arbitral tribunal is binding and, unless otherwise provided by the arbitral tribunal, shall be enforced upon an application to the Court, irrespective of the country in which it was issued, subject to section 29 of this Act.

(2) The party who is seeking or has obtained recognition or enforcement of an interim measure shall promptly inform the Court of any termination, suspension or modification of that interim measure.

(3) The Court to which a request for recognition and enforcement of an interim measure is presented may, where it considers it proper, order the requesting party to provide appropriate security if the arbitral tribunal has not already made a determination with respect to security or where the decision is necessary to protect the rights of third parties.

See also  Section 42 Nigerian Land Use Act

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