(1)The Secretary of State may approve one or more bodies to carry out the functions under section 8 (and a body which is for the time being so approved is referred to in this Act as an “approved arbitration body”).
(2)The Secretary of State may only approve a body which the Secretary of State considers to be suitable to carry out those functions.
(3)The Secretary of State may withdraw an approval given under subsection (1) if the Secretary of State considers that the body is no longer suitable to carry out those functions.
(4)Where the Secretary of State proposes to withdraw an approval given under subsection (1), the Secretary of State must notify the body in question and give the body an opportunity to make representations.
(5)Where an approval given under subsection (1) is withdrawn from a body, the Secretary of State must make arrangements relating to—
(a)the repayment of any fees or expenses already paid to the body (if any), and
(b)the body’s entitlement (if any) to fees or expenses.
(6)The withdrawal of an approval given under subsection (1) does not affect the validity of anything done by or in relation to the body in question before that withdrawal.
(7)The Secretary of State must maintain and publish a list of approved arbitration bodies.
Commencement Information
I1S. 7 in force at Royal Assent, see s. 31(4)