Commercial Rent (Coronavirus) Act 2022
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Change 1
17 Timing of arbitrator’s award
(1) Subject to subsection (2), the arbitrator must make an award under section 14 as soon as reasonably practicable after— (a) where both parties have put forward a final proposal, the day on which the latest final proposal is received, or (b) otherwise, the last day on which a party may put forward a revised formal proposal (see section 11(4)). (2) Where an oral hearing is held (see section 20), the arbitrator must make an award within the period of 14 days beginning with the day on which the hearing concludes. (3) The period in subsection (2) may be extended— (a) by agreement between the parties, or (b) by the arbitrator where the arbitrator considers that it would be reasonable in all the circumstances to do so. (4) In this section “final proposal” has the same meaning as in section 14(11).
17 Timing of arbitrator’s award
(1) Subject to subsection (2), the arbitrator must make an award under section 14 as soon as reasonably practicable after— (a) where both parties have put forward a final proposal, the day on which the latest final proposal is received, or (b) otherwise, the last day on which a party may put forward a revised formal proposal (see section 11(4)). (2) Where an oral hearing is held (see section 20), the arbitrator must make an award within the period of 14 days beginning with the day on which the hearing concludes. (3) The period in subsection (2) may be extended— (a) by agreement between the parties, or (b) by the arbitrator where the arbitrator considers that it would be reasonable in all the circumstances to do so. (4) In this section “final proposal” has the same meaning as in section 14(11).
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