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Arbitration (International Investment Disputes) CH. 41
Act 1966
Rules of court under section 99 of the Supreme Court 1925 c. 49. of Judicature (Consolidation) Act 1925 may contain provisions requiring the court on proof of the prescribed matters to stay execution of any award registered under this Act so as to take account of cases where enforcement of the award has been stayed (whether provisionally or otherwise) pursuant to the Convention, and may provide for the provisional stay of execu non of the award where an application is made pursuant to the Convention which, if granted, might result in a stay of enforcement of the award.
Procedural provisions
703
3.-(1) The Lord Chancellor may by order direct that any Application of of the provisions contained in—
Arbitration Act 1950 and
(a) section 12 of the Arbitration Act 1950 (attendance of other
witnesses, production of documents, etc.) or any corres- enactments. ponding enactments forming part of the law of 1950 c. 27. Northern Ireland, and
(b) the Foreign Tribunals Evidence Act 1856 (which relates 1856 c. 113.
to the taking of evidence in the United Kingdom for the purpose of proceedings before a foreign tribunal),
shall apply to such proceedings pursuant to the Convention as are speciñed in the order, with or without any modifications or exceptions specified in the order.
2) Subject to subsection (1) above, neither the Arbitration
Act 1950 nor the Arbitration Act (Northern Ireland) 1937 shall 1937 c. S. (N.I.) apply to proceedings pursuant to the Convention, but this subsection shall not be taken as afecting section 4(1) of the'. Arbitration Act 1950 (stay of court proceedings where there is submission to arbitration) or section 4 of the said Act of Northern Ireland.
(3) An order made under this section-
(a) may be varied or revoked by a subsequent order so
made, and
(b) shall be contained in a statutory instrument.
Immunities and privileges
4-(1) In Section 6 of Chapter I of the Convention (which Status, governs the status, immunities and privileges of the International immunities Centre for Settlements of Investment Disputes established by the and privileges
conferred Convention, of members of its Council and Secretariat and of
by the persons concerned with conciliation or arbitration under the Convention. Convention) Articles 18 to 20, Article 21(a) (with Article 22 as it applies Article 21(a)). Article 23(1) and Article 24 shall have the force of law.
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A