HL Deb 27 October 1982 vol 435 c567

9 Clause 15, page 13, line 15, at end insert— '(6) The section set out in Part IV of Schedule 1 to this Act shall be inserted after section 19 of the Arbitration Act 1950.'.

The Lord Chancellor

My Lords, I beg to move that this House doth agree with the Commons in their Amendment No. 9, and I shall speak also to Amendment No. 47 at the same time. It will be remembered that Clause 15 amends the law as to interest on judgment debts in the Supreme Court and the county court. It does so by introducing new sections into the Supreme Court Act 1981 and the County Courts Act 1959. These new sections are contained in Schedule 1.

The House will remember that on Third Reading in this House the noble Lord, Lord Hacking, argued in favour of conferring a similar power to award interest on arbitrators and umpires; the Government have adopted this suggestion with gratitude and this will be the effect of the new section to be inserted in the Arbitration Act 1950, that new section appearing in Amendment No. 47 for which this is paving. I beg to move.

Moved, That this House doth agree with the Commons in the said amendment.—(The Lord Chancellor.)

Lord Mishcon

My Lords, this is obviously right following upon our former deliberations and we certainly concur.

Lord Hacking

My Lords, I rise to express my thanks to the noble and learned Lord the Lord Chancellor for this new provision.

On Question, Motion agreed to.