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Definitions

Act: Arbitration (International Investment Disputes) Act 2011

Section Provisions

ACT IX OF 2011 ACT IX OF 2011 ARBITRATION (INTERNATIONAL INVESTMENT DISPUTES) ACT, 2011 An Act to implement the International Convention on the Settlement of Investment Disputes between States and Nationals of other States [Gazette of Pakistan, Extraordinary, Part - I, 30th April, 2011] No. F.9(34)/2010-Legis. dated 30-4-2011.---The following Act of Majlis-e-Shoora (Parliament) received the assent of the President on 28th April, 2011, is hereby phblished for general information:-- Whereas Pakistan has signed and ratified the International Convention on the Settlement of Investment Disputes between States and Nationals of other States; And whereas it is expedient to enact the law for that purpose. It is hereby enacted as follows:- 2. Definitions.---In this Act, unless there is anything repugnant in the subject or context,-- (a) "award" includes any decision interpreting, reversing or annulling an award, being a decision pursuant to the Convention, and any decision, as to costs, which under the Convention is to form part of the award; (b) "Centre" means the International Centre for Settlement of Investment Disputes established by the Convention; (c) "Convention" means the Convention on the Settlement of Investment Disputes between States and Nationals of other States incorporated in the Schedule; (d) "Government" means the Federal Government; and (e) "Schedule" means the Schedule to this Act.