LAGOS COURT OF ARBITRATION LAW
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LAGOS COURT OF ARBITRATION LAW
ARRANGEMENT OF SECTIONS
1. Establishment of the Court of Arbitration
2. Membership of the Court of Arbitration
3. Composition of the General Meeting
4. Composition of the Board of Directors
5. The Secretariat
6. The Executive Secretary of the Board
7. General Meeting
8. Cessation of Membership of the Board
9. Functions of the Court of Arbitration
10. Powers of the Court of Arbitration
11. Annual Reports
12. Power to make Regulations.
13. Citation and Commencement
[Commencement] [18th May 2009]
THE LAGOS STATE HOUSE OF ASSEMBLY enacts as follows:
1. Establishment of the Court of Arbitration
(1) There is established a body to be known as “The Lagos court of Arbitration (referred to in this Law as “the Court of Arbitration”).
(2) The Court of Arbitration shall be private sector driven, independent of regulation, direction or control by any branch of Government’
(3) The Court of Arbitration shall consist of the-
(a) General Meeting;
(b) Board of Directors; and
(c) Secretariat.
2. Membership of the court or Arbitration
Membership of the court of Arbitration shall be open to any Person or body corporate of good standing with bona fide interest in Commercial arbitration or Alternative Dispute Resolution, including but not limited to lawyers, arbitrators, mediators, experts, academics, businessmen, law firms, Commercial and trading organisations who have satisfied laid down conditions including payment of an annual subscription to be determined by the Board of Directors from time to time.
LAWS OF LAGOS STATE
LAWS OF THE FEDERAL REPUBLIC OF NIGERIA
