||Title:||ARBITRATION ORDINANCE||Gazette Number:||L.N. 38 of 2011|
|Section:||35||Heading:||Article 17 of UNCITRAL Model Law (Power of arbitral tribunal to order interim measures)||Version Date:||01/06/2011|
(1) Article 17 of the UNCITRAL Model Law, the text of which is set out below, has effect¡X
¡§Article 17. Power of arbitral tribunal to order
(2) An interim measure referred to in article 17 of the UNCITRAL Model Law, given effect to by subsection (1), is to be construed as including an injunction but not including an order under section 56.
(1) Unless otherwise agreed by the parties, the arbitral tribunal may, at the request of a party, grant interim measures.
(2) An interim measure is any temporary measure, whether in the form of an award or in another form, by which, at any time prior to the issuance of the award by which the dispute is finally decided, the arbitral tribunal orders a party to:
(a) Maintain or restore the status quo pending determination of the dispute;
(b) Take action that would prevent, or refrain from taking action that is likely to cause, current or imminent harm or prejudice to the arbitral process itself;
(c) Provide a means of preserving assets out of which a subsequent award may be satisfied; or
(d) Preserve evidence that may be relevant and material to the resolution of the dispute.¡¨.
(3) If an arbitral tribunal has granted an interim measure, the tribunal may, on the application of any party, make an award to the same effect as the interim measure.