1999 No. 2167
ARBITRATION
The Unfair Arbitration Agreements (Specified Amount) Order 1999
Made
Laid before Parliament
Coming into force
1
This Order may be cited as the Unfair Arbitration Agreements (Specified Amount) Order 1999 and shall come into force on 1st January 2000.
2
The Unfair Arbitration Agreements (Specified Amount) Order 19963 is hereby revoked.
3
The amount of £5,000 is hereby specified for the purposes of section 91 of the Arbitration Act 1996 (arbitration agreement unfair where modest amount sought).
Kim HowellsParliamentary Under-Secretary of State for Competition and Consumer Affairs,Department of Trade and Industry
I concur
Irvine of Lairg, C.
(This note is not part of the Order)