Belgium on its way to modernising its legislation on arbitration
The Belgian government has decided to modernise its legislation on arbitration by closely aligning it to the UNCITRAL Model Law, while, at the same time, (i) retaining specific Belgian provisions that have proved useful over time and (ii) creating new rules to meet those areas that are not covered under the current legislation or by the UNCITRAL Model Law.
The Projet de loi modifiant la sixième partie du Code judiciaire relative à l’arbitrage/Wetsontwerp tot wijziging van het zesde deel van het Gerechtelijk Wetboek betreffende arbitrage (the Draft Law), based on a draft prepared within CEPANI (the Belgian Centre for Mediation and Arbitration), is being fast tracked through parliament. Presented to the House of Representatives on 11 April 2013, it was approved – unamended – by the House one month later, on 16 May, and sent up to the Senate. The Senate has until 3 June 2013 to decide whether it will debate (and possibly amend) the Draft Law.
The Draft Law is yet another sign of Belgium’s long-standing interest in the subject of international arbitration…
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