There have been several major issues addressed in Tanzania's
2020 Arbitration Act. This article highlights the amendments and
largely explains them. The Arbitration Act relates to international
commercial arbitration and domestic commercial arbitration. Here
are some of the key highlights of this act:
- It addresses the enforcement of domestic and foreign arbitral
awards
- The Act also provides mandated provisions that every party must
adhere. It does not matter if the parties were provided an
Arbitration agreement or if they were not
- The amended act also highlights the new Arbitration
center's establishment
There have been massive changes made to the Arbitration Act,
which was effective since1971. There are several consequential
amendments in this Act namely amendments to the Criminal Procedure
Act, the Civil Procedure Code, the Natural Wealth and Resources
(Permanent Sovereignty) Act, the Private Public Partnership Act. In
addition, keeping in mind the PPP