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Powers of Arbitrator.
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8.—(1) The standing arbitrator or board of arbitrators shall have power to administer oaths, and to award costs in his or their discretion and direct to and by whom and in what manner these costs or any part thereof shall be paid, and to measure the amount of such costs and to require security for costs to be given to his or their satisfaction by any party at any stage of the proceedings before him or them.
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(2) The standing arbitrator or board of arbitrators shall have the like powers of enforcing the attendance of witnesses and the production of documents as are possessed by the High Court.
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(3) The standing arbitrator or board of arbitrators may at any time correct any clerical mistake or error in an award arising from any accidental slip or omission.
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(4) Any sum payable under an award made by the standing arbitrator or arbitrators shall be a simple contract debt recoverable by action at law.
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(5) It shall be lawful for the standing arbitrator or board of arbitrators, if so requested by either party to an appeal, to hear such appeal in open court.
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