2.
| (1) The provisions of this Act shall, subject to the provisions of section 48, apply to all arbitration commenced in Sri Lanka after the appointed date, whether the arbitration agreement in pursuance of which such arbitration proceedings are commenced, was entered before or after the appointed date. |
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| (2) Where arbitration proceedings were commenced prior to the appointed date, the law in force prior to the appointed date, shall, unless the parties otherwise agree, apply to such arbitration proceedings. |
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| (3) Where the State is a party to an arbitration agreement (whether in right of the Republic or in any other capacity) the State shall be bound by the provisions of this Act. |
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Sri Lanka Consolidated Acts