Jurisdiction(s):
United Kingdom

Key definition

Commercial arbitration definition

What does Commercial arbitration mean? The resolution of business disputes by private arbitration arising out of commercial transactions, such as sale of goods, construction, shipping, energy, finance or technology contracts. It is usually between companies or other private parties, but can include states or state‑owned entities when acting in a commercial capacity. The term is descriptive rather than a defined statutory category. In England & Wales and Northern Ireland, commercial arbitration is governed by the Arbitration Act 1996; in Scotland by the Arbitration (Scotland) Act 2010; and in Ireland by the Arbitration Act 2010, which gives the UNCITRAL Model Law the force of...

ACICA (Australia) Arbitration: Institutional Overview and Guide for UK Practitioners to the 2021 Rules—Expedited/Emergency Procedures, Consolidation, Virtual Hearings, Third-Party Funding Disclosure, Early Dismissal, Costs and Awards

Published by a LexisNexis Arbitration expert

Practice notes

This Practice Note sets out a primer on the Australian Centre for International Commercial arbitration (ACICA) and summarises how to arbitrate under the institution’s latest Arbitration rules, which became effective on 1 April 2021. It is not a comprehensive guide to ACICA Arbitration, nor a replacement for closely analysing the application of the ACICA arbitration rules to your dispute.

What is ACICA?

ACICA is Australia’s international body for resolving disputes. Founded in 1985 as an independent, not-for-profit organisation, its purpose is to encourage and enable the efficient settlement of commercial disputes in Australia and abroad through arbitration and mediation, aiming to provide speed and neutrality of process, enforceable outcomes, and commercial confidentiality for disputing parties. ACICA is the exclusive default appointing authority with competence to carry out arbitrator appointment functions under the International Arbitration Act 1974 (Cth).

The ACICA Arbitration Rules

The current ACICA Arbitration Rules (the Rules) and the ACICA Expedited Arbitration Rules (the Expedited Rules) took effect on 1 April 2021. ACICA principally administers arbitrations pursuant to the Rules and the Expedited Rules. These Rules replace the 2016, 2011 and 2005 editions. Both sets of rules commenced on 1 April 2021 and supersede 2016, 2011 and 2005 editions...

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Web page updated on 26/05/2026

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