1. Arbitration Agreements
1.1 What, if any, are the legal requirements of an
arbitration agreement under the laws of your
jurisdiction?
An arbitration agreement must be in writing.
This means that it must be recorded in any form, regardless of
whether it forms part of a written contract.
The legislative statutes governing arbitration in Singapore are
the International Arbitration Act 1994 (the
"IAA")1 and the Arbitration
Act 2001 (the "AA"). Both the IAA and
the AA adopt Option 1 of Article 7 of the 2006 Amendments to the
1985 UNCITRAL Model Law on International Commercial Arbitration
(the "Model Law").
An arbitration agreement is defined as an agreement by the
parties to submit to arbitration all or certain disputes that have
arisen or that may arise between them in respect of a defined legal
relationship, whether contractual or not.