(1) If the Court makes an order referring a proceeding, or part of a proceeding, to arbitration, a party may apply to the Court for any of the following orders:
(a) nominating a person as arbitrator;
(b) specifying the manner in which the arbitration is to be conducted;
(c) specifying the time by which the arbitration is to be completed;
(d) specifying how the arbitrator's fees and expenses are to be paid;
(e) specifying how the arbitrator's report on the proceeding, part of the proceeding or any matter arising out of the proceeding is to be reported to the Court.
Note: An order referring a proceeding to an arbitrator may be made only with the consent of the parties--see section 53A of the Act.
(2) A nomination under paragraph (1)(a) must be accompanied by the arbitrator's written consent to the appointment.