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The Pamphlet Collection of Sir Robert Stout: Volume 27
As to Arbitration
As to Arbitration.
31.
| (a.) | "Whenever in these regulations a valuation or other matter is required to be referred to arbitration, such reference shall be to two persons, one to be appointed in writing by the lessee (which term throughout these regulations includes the executor, administrator, or permitted assignee of any lessee hereunder), and the other by the lessor.page 10 |
| (b.) | If either the lessee or the lessor shall fail to appoint an arbitrator within twenty-one days after being requested in writing to do so by the other party, then the arbitrator appointed by the other party shall alone conduct the arbitration, and his decision shall be final and binding on both parties. |
| (c.) | If the said arbitrators shall fail to agree upon the matter referred to them within twenty-eight days after the same has been so referred, then the matter so referred shall be decided by an umpire appointed by the said arbitrators before they shall have entered on the reference; and the decision of such arbitrators or umpire shall be final and binding on both parties. |
| (d.) | Every such arbitration shall be carried on in the manner prescribed by "The Supreme Court Practice and Procedure Amendment Act, 1866," or any amendment thereof. |
| (e.) | All costs of and incidental to the reference shall be in the discretion of the arbitrator or umpire.page 12 |