Acts and Regulations

2014, c.100 - Arbitration Act

Section 43
Disposition versions

Full text
Termination of arbitration
43(1)An arbitration is terminated when
(a) the arbitral tribunal makes a final award in accordance with this Act, disposing of all matters referred to arbitration,
(b) the arbitral tribunal terminates the arbitration under subsection (2), (3), 27(1) or 27(4), or
(c) an arbitrator’s mandate is terminated, if the arbitration agreement provides that the arbitration shall be conducted only by that arbitrator.
43(2)An arbitral tribunal shall make an order terminating the arbitration if the claimant withdraws the claim, unless the respondent objects to the termination and the arbitral tribunal agrees that the respondent is entitled to obtain a final settlement of the dispute.
43(3)An arbitral tribunal shall make an order terminating the arbitration if
(a) the parties agree that the arbitration should be terminated, or
(b) the arbitral tribunal finds that continuation of the arbitration has become unnecessary or impossible.
43(4)The arbitration may be revived for the purposes of section 44 or subsection 45(5), 46(7), 46(8) or 54(4).
43(5)A party’s death terminates the arbitration only with respect to claims that are extinguished as a result of the death.
1992, c.A-10.1, s.43.