Section 47. Act to apply to all arbitrations. 48. Saving for pending references. 49. Repeals and amendments

TECI FIRST Sc~~DuLE 47. Act to apply to all arbitrations. 48. Saving for pending references. 49. Repeals and amendments. TECI FIRST Sc~~DuLE.-Imp;lied conditions agreements. of arbitration THE SECOND SCHEDULE.-POW~~S of Court. THE THIRD Sc~E~uLE.-Enactments repealed. THE FOURTH ScH~~u~~.-Enactrnents amended. I I f ACT No. X OF 1940. [PASSED BY BY THE INDIAN LEGIISL~TUBE).] (Received the assent of the Governo~ General on the 11th M a ~ c h , 1940.) `An` Act to consolidate and amend the law relating to Arbitration. - HEREAS it is expedient to consolidate and amend - W the iaw relating to arbitration in British India ; - HEREAS it is expedient to consolidate and amend It is hereby enacted as follows :- 47. Subject to the provisions of section 46, and save in otherwise provided by any law for the time being in force, the provisions of this Act shall apply to all arbitrations and to all proceedings thereunder : \ \ 1 r I `L` L ; 1 1 I 1 -\ [, `I` .a i - i '4 I 1 Provided I I I - OF 19401 Arbitration Provided that an arbitration award.otherwise obtained may with the consent of all the parties interested be taken into consideration as a compromise or adjustment of a suit by any Court before which, the suit is pending. '