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PART V.
Enforcement of certain foreign awards.
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“Foreign award”.
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54.—(1) (a) The Government, if satisfied that any State which has ratified the Convention of 1927 has made such reciprocal provisions as will enable the Convention of 1927 to be operative in any territory to which the Convention of 1927 is applicable, may by order declare—
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(i) that State to be a party to the Convention of 1927,
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(ii) that territory to be a territory to which the Convention of 1927 applies.
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(b) The Government may by order vary or revoke any order made under this subsection.
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(2) In this Part, “foreign award” means any award made after the commencement of this Part—
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(a) in pursuance of an agreement for arbitration to which the Protocol of 1923 applies, and
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(b) between persons—
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(i) of whom one is subject to the jurisdiction of a State which is declared by an order under subsection (1) of this section to be a party to the Convention of 1927, and
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(ii) of whom the other is subject to the jurisdiction of another such State, and
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(c) in a territory which is declared by an order under subsection (1) of this section to be a territory to which the Convention of 1927 applies.
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