Commonwealth Consolidated Acts

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Definition of arbitration

             (1)  Arbitration is a process (other than the judicial process) in which parties to a dispute present arguments and evidence to an arbitrator, who makes a determination to resolve the dispute.

             (2)  Arbitration may be either:

                     (a)  section 13E arbitration --which is arbitration of Part VIII proceedings, or Part VIIIAB proceedings (other than proceedings relating to a Part VIIIAB financial agreement), carried out as a result of an order made under section 13E; or

                     (b)  relevant property or financial arbitration --which is arbitration (other than section 13E arbitration) of:

                              (i)  Part VIII proceedings, Part VIIIA proceedings, Part VIIIAB proceedings, Part VIIIB proceedings or section 106A proceedings; or

                             (ii)  any part of such proceedings; or

                            (iii)  any matter arising in such proceedings; or

                            (iv)  a dispute about a matter with respect to which such proceedings could be instituted.

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