20.
| (1) Where the Director is required by section 5 to refer any objection for determination by arbitration, the arbitration shall be conducted-
| | (a) by a single arbitrator nominated by agreement between the Director and the person who lodged the objection (in this section referred to as " the objector "); or | | |
| | (b) in default of such agreement, by two arbitrators nominated respectively by the Director and the objector. | | |
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| (2) Where in any case referred to in paragraph (b) of subsection (1), there is a difference of opinion among the two arbitrators in respect of any matter, the matter shall be referred to a decision by an umpire chosen by them, or, if they are unable to agree as to the choice of an umpire, by an umpire appointed for the purpose by the Minister, on application made by any party to the arbitration proceedings. |
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| (3) The decision of a single arbitrator, or, where there are two arbitrators, their agreed decision, or, where there is a difference of opinion among the two arbitrators on any matter referred to in subsection (2), the decision of an umpire, shall be final and conclusive for the purposes of this section and shall not be called in question in any court whether by way of writ, order, mandate, or otherwise, and shall be binding on the persons who are parties to the objection determined by such arbitration. |
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| (4) Regulations may be made in respect of all matters relating to or connected with the conduct of proceedings on arbitration under this section, including the fees to be paid to arbitrators and umpires. |
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Sri Lanka Consolidated Acts