§ Lord Finsberg
asked Her Majesty's Government:
Whether it is their intention to sign the 1966 European convention providing a uniform law on arbitration, and, if not, why not.
§ Lord Fraser of Carmyllie
This convention, which has been signed or ratified by only two member states, has been overtaken in importance by the Model Law on International Commercial Arbitration adopted by the United Nations Commission on International Trade Law in 1985. The Arbitration Act 1966, which covers England, Wales and Northern Ireland, embodies the spirit of the Model Law. Scotland adopted the Model Law in 1990.