Section 11
Application of Chapter 14
(1)
The Limitation Act (Chapter 14) applies to arbitration proceedings as it applies to proceedings before any court and a reference in that Act to the commencement of any action shall be construed as a reference to the commencement of arbitration proceedings.
(2)
The Court may order that in computing the time prescribed by the
Limitation Act (Chapter 14) for the commencement of proceedings
(including arbitration proceedings) in respect of a dispute which was the subject matter of —
(a)
an award which the Court orders to be set aside or declares to be of no effect; or
Arbitration
B.L.R.O. 4/2024 15
(b)
the affected part of an award which the Court orders to be set aside in part or declares to be in part of no effect, the period between the commencement of the arbitration and the date of the order referred to in paragraph (a) or (b) shall be excluded.
(3)
Notwithstanding any term in an arbitration agreement to the effect that no cause of action shall accrue in respect of any matter required by the agreement to be referred until an award is made under the agreement, the cause of action shall, for the purpose of the Limitation Act (Chapter 14), be deemed to have accrued in respect of any such matter at the time when it would have accrued but for that term in the agreement.