502. Sources of arbitration law.

502.     Sources of arbitration law.

The sources of English arbitration law are statute, international conventions and the common law.

The United Nations Commission on International Trade Law (UNCITRAL) produced a Model Law on International Commercial Arbitration in 19851. In 1989 the Departmental Advisory Committee on Arbitration Law recommended that instead of England, Wales and Northern Ireland adopting the UNCITRAL Model Law, there should be enacted a new Act to embody both the existing statutory law on arbitration and the relevant common law principles2. The Committee also recommended that the new Act should follow, as far as possible, the