PART 14Disputes

Referrals to the Adjudicator in connection with the MRO procedure58

1

Paragraph (2) applies where a matter has been referred to the Adjudicator under—

a

regulation 32(2) (disputes in connection with the full response);

b

regulation 35(1) (disputes in connection with the negotiation period);

c

regulation 37(9), (10) or 38(4) (disputes in connection with the independent assessor);

d

regulation 40(3) (disputes in connection with the MRO recoverable amount);

e

regulation 56(9) or (10) (disputes in connection with the investment agreement).

2

The Adjudicator must either—

a

arbitrate the dispute; or

b

appoint another person to arbitrate the dispute.

3

Except where this Part makes different provision, the arbitration must be conducted in accordance with —

a

the rules regarding arbitrations issued from time to time by the Chartered Institute of Arbitrators; or

b

the rules of another dispute resolution body nominated by the arbitrator.