Act Number: 17

Act Name: The India International Arbitration Centre Act, 2019

Year: 2019

Enactment Date: 2019-07-26

Long Title: An Act to provide for the establishment and incorporation of the New Delhi International Arbitration Centre for the purpose of creating an independent and autonomous regime for institutionalised arbitration and for acquisition and transfer of the undertakings of the International Centre for Alternative Dispute Resolution and to vest such undertakings in the New Delhi International Arbitration Centre for the better management of arbitration so as to make it a hub for institutional arbitration and to declare the New Delhi International Arbitration Centre to be an institution of national importance and for matters connected therewith or incidental thereto.

Ministry: Ministry of Law and Justice

Department: Department of Legal Affairs

Section 30: Power to make rules.
    (1) The Central Government may, by notification, make rules to carry out the provisions of this Act.
     (2) In particular, and without prejudice to the generality of the foregoing power, such rules may make provision for.
         (a) the terms and conditions and the salaries and allowances payable to the Chairperson and Full-time Members under sub-section (2) of section 6;
         (b) the travelling and other allowances payable to the Part-time Members under sub-section (4) of section 6;
         (c) the composition and functions of the Committees referred to in sub-section (2) of section 19;
         (d) the number of officers and employees of the Secretariat of the Centre under clause (c) of sub-section (1) of section 23;
         (e) the qualifications, experience, method of selection and the functions of the Registrar, Counsel and other officers and employees of the Centre under sub-section (2) of section 23;
         (f) annual statement of accounts, including the balance sheet under sub-section (1) of section 26; and
         (g) any other matter in respect of which provision is to be made or may be made under this Act.
    
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