Section 53 Arbitration and Mediation Act

Section 53 Arbitration and Mediation Act 2023 is about Joint and several liability of the parties for arbitrator’s fees and expenses. It is under Part I (Arbitration) of the Act.

(1) The parties are jointly and severally liable to pay the arbitrator such reasonable fees and expenses as are appropriate in the circumstances.

(2) In this section, references to arbitrators include an arbitrator who has ceased to act, an arbitral institution and an appointing authority.

See also  Order 20 Court Of Appeal Rules 2021 Nigeria

Leave a Reply

Your email address will not be published. Required fields are marked *