s. 28 (5) Nothing in subsection (4) operates to prevent an application being made under Division 3 to extend a period of limitation referred to in that subsection. _______________ 28 Application of Act to arbitrations No. 5914 s. 28. (1) This Act shall apply to arbitrations in like manner as it applies to actions. (2) Notwithstanding any term in an arbitration S. 28(2) amended by agreement to the effect that no cause of action No. 10167 shall accrue in respect of any matter required by s. 3(1). the arbitration agreement to be referred to arbitration until an award is made under the arbitration agreement, the cause of action shall for the purpose of this Act (whether in its application to arbitrations or to other proceedings) be deemed to have accrued in respect of any such matter at the time when it would have accrued but for that term in the arbitration agreement. (3) For the purposes of this Act— S. 28(3) amended by No. 10167 (a) an arbitration in accordance with an s. 3(1), arbitration agreement is taken to be substituted by No. 50/2011 commenced on the date agreed by the parties s. 46(Sch. to the arbitration agreement or the date item 11.2). specified in the Commercial Arbitration Act 2011; (b) an arbitration under an Act of Parliament is taken to be commenced when one party to the arbitration serves on the other party or parties a notice requiring the other party or parties— (i) to appoint an arbitrator or to agree to the appointment of an arbitrator; or
(5) Nothing in subsection (4) operates to prevent an application being made under Division 3 to extend a period of limitation referred to in that subsection. _______________ No. 5914 s. 28. 28 Application of Act to arbitrations (1) This Act shall apply to arbitrations in like manner as it applies to actions. S. 28(2) amended by No. 10167 s. 3(1). (2) Notwithstanding any term in an arbitration agreement to the effect that no cause of action shall accrue in respect of any matter required by the arbitration agreement to be referred to arbitration until an award is made under the arbitration agreement, the cause of action shall for the purpose of this Act (whether in its application to arbitrations or to other proceedings) be deemed to have accrued in respect of any such matter at the time when it would have accrued but for that term in the arbitration agreement. s. 28 S. 28(3) amended by No. 10167 s. 3(1), substituted by No. 50/2011 s. 46(Sch. item 11.2). (3) For the purposes of this Act— (a) an arbitration in accordance with an arbitration agreement is taken to be commenced on the date agreed by the parties to the arbitration agreement or the date specified in the Commercial Arbitration Act 2011; (b) an arbitration under an Act of Parliament is taken to be commenced when one party to the arbitration serves on the other party or parties a notice requiring the other party or parties— (i) to appoint an arbitrator or to agree to the appointment of an arbitrator; or