The Legislative Council has approved a new Arbitration Ordinance in November last year which unifies the pre-existing international and domestic regimes. The law is essentially the UNCITRAL Model Law, with a number of additional provisions which are only applicable if agreed by the parties or if the relevant arbitration provision relates to a domestic dispute. The date upon which the new Ordinance becomes effective is yet to be announced, but is widely believed to be June this year.
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CPD Credit: Hong Kong Law Society CPD points applied for