Arbitration and Conciliation Act, 1996 — back to Table of Contents
Section 43L. Power to make regulations by Council
(1) The Council may, in consultation with the Central Government, make regulations, consistent with the provisions of this Act and the rules made thereunder, for the discharge of its functions and perform its duties under this Act.
(2) In particular, and without prejudice to the generality of the power contained in sub-section (1), such regulations may provide for all or any of the following matters, namely:—
- (a) the terms and other conditions of Chief Executive Officer under sub-section (2) of section 43M;
- (b) the manner of appointment of experts and constitution of Committee under sub-section (2) of section 43H;
- (c) the fee to be collected by Council under sub-section (2) of section 43D;
- (d) the norms and criteria for grading of arbitral institutions under section 43-I;
- (e) the qualifications, experience and norms for accreditation of arbitrators under section 43J;
- (f) the manner of maintaining electronic depository of arbitral awards under section 43K;
- (g) the numbers and officers and other employees under sub-section (3) of section 43M; and
- (h) any other matter for which under this Act provision may be made by regulations.
(3) The Council shall, within nine months from the date of establishment of the Council, make regulations under this section.
