Regulation 4 Arbitration Acts 1950 to 1979

Any reference to arbitration in pursuance of regulation 2 above shall be deemed to be a reference under an arbitration agreement for the purposes of the Arbitration Acts 1950 to 1979.

Sections 12 and 18 of the Arbitration Act 1950^f1 (which relate respectively to the conduct of proceedings and to costs) shall apply to any reference to the Ministers in pursuance of regulation 3 above (including every application under regulation 3(5) in respect of which the Ministers are satisfied as there mentioned) as if that reference were made under an arbitration agreement.