260 The award

The award must be in writing and be signed by the arbitrator1, unless the award is reached by consent or the parties have agreed to dispense with reasons, the award must contain the arbitrator’s reasons for his determination2. The award must be dated3 and must state the seat of the arbitration4. The Arbitration Act 1996 does not place any restriction on the time for making an award. The parties can agree a time limit if they wish.

The award is final and binding on the parties and may, by leave

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