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12. Every person affected by—
(a)a determination made by a competent authority under regulation 6(3)(b) or
(b)a decision made by a competent authority to introduce operating restrictions or measures under regulation 7,
shall have a right of appeal to arbitration by an independent arbitrator, agreed between the parties; or, in the absence of such agreement, to an arbitrator appointed by the President of the Chartered Institute of Arbitrators(1) on the application of either party. Any such right shall be exercisable within three months of the publication of the determination or decision by the competent authority. The decision of the arbitrator shall be final and binding on the parties.
The address of the Chartered Institute of Arbitrators is: International Arbitration & Mediation Centre, 12, Bloomsbury Square, London, WC1A 2LP.
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