Section 11A: Power of Central Government to amend Fourth Schedule

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Arbitration and Conciliation Act, 1996

PART I Arbitration

CHAPTER III Composition of Arbitral Tribunal

Section 11A: Power of Central Government to amend Fourth Schedule.

1[11A. (1) If the Central Government Government is satisfied that it is necessary or expedient so to do, it may, by notification in the Official Gazette, amend the Fourth Schedule and thereupon the Fourth Schedule shall be deemed to have been amended accordingly.

(2) A copy of every notification proposed to be issued under sub-section (1), shall be laid in draft before each House of Parliament, while it is in session, for a total period of thirty days which may be comprised in one session or in two or more successive sessions, and if, before the expiry of the session immediately following the session or the successive sessions aforesaid, both Houses agree in disapproving the issue of the notification or both Houses agree in making any modification in the notification, the notification shall not be issued or, as the case may be, shall be issued only in such modified form as may be agreed upon by the both Houses of Parliament.]

 

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Amendments:

1. Inserted by the Arbitration and Conciliation (Amendment) Act, 2015 (w.e.f 23.10.2015.)

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