Page 1877 - Week 06 - Thursday, 2 May 1991
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this level would normally be considered appropriate to cover unforeseen items, a further $2m has been added in 1991-92 to provide for deferred redundancy expenditure arising from the administrative arrangements of 4 July 1990.
The Supply Bill is in line with the current administrative arrangements. However, there are some changes from the 1990-91 program structure, principally in my Department of Urban Services. Within each program, a distinction between recurrent and capital expenditure has been made to limit the application of the moneys appropriated. I now present the explanatory memorandum for the Bill.
Debate (on motion by Ms Follett) adjourned.
COMMERCIAL ARBITRATION (AMENDMENT) BILL 1991
MR COLLAERY (Attorney-General) (10.37): Mr Speaker, I present the Commercial Arbitration (Amendment) Bill 1991. I move:
That this Bill be agreed to in principle.
This Bill will amend the Commercial Arbitration Act 1986 to bring the ACT into line with a national uniform approach to the regulation of commercial arbitration procedures. The Commercial Arbitration Act deals with provisions in commercial agreements which provide that, in the event of a dispute arising between the parties to such an agreement, the matter is referred to arbitration. The Act contains a set of provisions governing the mechanics of the arbitration process where the parties do not specifically address the detailed operation of the arbitration process in their own agreement. The arbitration is generally conducted by an independent arbitrator or panel of arbitrators at the expense of the parties.
Proposals for national uniform commercial arbitration legislation have been the subject of discussion in the Standing Committee of Attorneys-General in recent years. This committee meets regularly to develop and consider proposals for national uniform laws on a variety of extremely important topics. At the end of last year, my State and Territory colleagues and I reached agreement on a text suitable for adoption in all Australian State and Territory jurisdictions.
The Commercial Arbitration (Amendment) Bill 1991 will amend the Commercial Arbitration Act so that it will mirror the agreed model. In this way the ACT will be brought into the national scheme. As the ACT legislation is already very close to the agreed model, only minor amendments are required. Most of the changes involve drafting style and simply convert existing provisions into the agreed form.
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