Arbitration Act, 1954

Powers of arbitrators in references under section 49.

50.—(1) In all cases of references to an arbitrator under an order of the Court under section 49 of this Act, the arbitrator shall be deemed to be an officer of the Court, and, subject to rules of court, shall have such authority and conduct the reference in such manner as the Court may direct.

(2) The award of an arbitrator on any reference under section 49 of this Act shall, unless set aside by the Court, be equivalent to the verdict of a jury.

(3) The remuneration to be paid to an arbitrator to whom any matter is referred under section 49 of this Act shall be determined by the Court.