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Arbitration (Domestic) Act 2024 (No. 1 of 2024)

Main Region

First Region

Papua New Guinea
General provisions
2024-02-20
National
Law, Act

Second Region

Arbitration (Domestic) Act 2024 (No. 1 of 2024)
This Act repeals and replaces the Arbitration Act (Chapter 46) with respect to domestic arbitration and promotes the use of modem forms of arbitration as a means of alternate dispute resolution, and for related purposes, recognizing and giving effect to the agreement of contracting parties in domestic commercial agreements and other domestic agreements or any other domestic matter amenable for resolution by arbitration and facilitating the recognition and enforcement of arbitration agreements and arbitral awards in order to expedite resolution of disputes and reduce backlogs of cases in the courts and minimise the cost of litigation.

Entry dates region

    Date of entry into force
    2024-07-15
    --

Electronic region

Serial region

    Serial title
    National Gazette
    Date
    2024-07-15
    Page range
    24 pages