Bangladesh: the Arbitration Act 2001 (April 10, 2001)

Bangladesh has repealed both the Arbitration (Protocol and Convention) Act of 1937 and the Arbitration Act of 1940, and has enacted a new arbitration law, "The Arbitration Act, 2001," (the Act) principally based on the UNCITRAL Model Law in International Commercial Arbitration (1985). The new arbitration law consolidates the domestic and international arbitration regime in Bangladesh.