CELE SQE

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According to section 1 of the Arbitration Act 1996, what is the object of arbitration in England and Wales?

A. To obtain the fair resolution of disputes by an impartial tribunal without unnecessary delay or expense.

B. To obtain the fair resolution of disputes without recourse to legal rules.

C. To allow parties to resolve their disputes without any possibility of the involvement of the courts.

D. To allow parties unfettered choice in how, where and by what rules their disputes are resolved.

E. To ensure the swift enforcement of awards.

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Section 1 of the Arbitration Act 1996 states that the objective of arbitration is to obtain the fair resolution of disputes by an impartial tribunal without unnecessary delay or expense. This reflects the principles of efficiency and fairness in arbitration proceedings.

Key Point: This question focuses on the fundamental principles guiding arbitration as outlined in the Arbitration Act 1996.

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Alternative Dispute ResolutionUnit 1Chapter 1

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