ACICA Rules Revision Consultation 2020
We are pleased to announce the commencement of a public consultation process for the proposed new ACICA Arbitration Rules. This consultation follows extensive work undertaken by the ACICA Rules Committee to consider recent developments in international arbitration practice and procedure.
The ACICA Rules were last revised in 2015 and came into effect on 1 January 2016. The current review process has focused on areas such as multiple contracts, arbitrator appointment, arbitration procedure (including preliminary disposition of issues), time and cost, third party funding and ADR processes. The proposed revisions are aimed at building on ACICA’s established practice of providing a just, efficient, timely and quick, cost effective arbitral process.
Launch of Consultation Draft
A consultation draft, incorporating proposed changes, has been developed by the Rules Committee and may be downloaded here.
The consultation draft was launched for public comment by webinar on 5 August 2020. In this webinar, James Morrison (Peter & Kim) and Malcolm Holmes QC (Eleven Wentworth Chambers), Co-Chairs of the ACICA Rules Committee, review the key proposed amendments and the process undertaken by the ACICA Rules Committee in preparing the consultation draft. The launch webinar is available to view on the ACICA website.
ACICA welcomes written comments on the consultation draft until 30 September 2020 at secretariat@acica.org.au. Alternatively, a short survey has been created to allow respondents to provide their comments on each of the key proposed amendments quickly and easily. To take the survey, please click the link below:
