35 Arbitration under section 33(4) or 34(5).S
In any arbitration under section 33(4) or 34(5) of this Act—
(a)a person agreed upon between the parties, or in default of such agreement appointed on the application of either (or any) of the parties by the Secretary of State, shall be arbiter;
(b)the arbiter shall, in so far as is practicable, have regard to the code of recommended practice issued under section 33(2), or as the case may be 34(3), of this Act;
(c)the decree arbitral shall be final and conclusive; and
(d)the expenses shall be borne jointly by the parties.