What Are The Requirements For An Arbitration Agreement To Be Enforceable?

Section 7 of the Arbitration Act stipulates the requirements for an arbitration agreement. The parties may either have an arbitration agreement in the form of an arbitration clause in a contract or in the form of a separate agreement. The arbitration agreement must be in writing, and is considered to be in writing if it is: Contained in a document signed by the parties. In the form of exchange of letters, telex, telegram or other means of telecommunication which provides a record of the agreement. In the form of an exchange of statement of claim and defence in which the existence if the agreement is alleged by one party and not denied by the other.