World Arbitration Reporter (WAR) - 2nd Edition - Taiwan
Author(s):
Chang-Fa Lo
Page Count:
50 pages
Media Description:
1 PDF Download
Published:
December, 2012
Jurisdictions:
Description:
Originally from World Arbitration Reporter (WAR) - 2nd Edition
Preview Page
I. INTRODUCTION: ARBITRATION IN TAIWAN –
HISTORY AND INFRASTRUCTURE
A. History and Current Legislation on Arbitration
1. Historical evolution of law relating to arbitration
The contemporary arbitration system of Taiwan is basically
transplanted from western countries. After about 50 years’ evolution
of arbitration in Taiwan, it has already become a mature and
constantly relied-on dispute settlement mechanism in Taiwan.
Taiwan’s arbitration system was first established based on a
legislation enacted in China. In 1921 when the government of the
Republic was still in Nanjing, the “Temporary Act for Commercial
Arbitration” was enacted. It was repealed in Taiwan in 1961 when
the “Commercial Arbitration Act” was enacted. The Commercial
Arbitration Act was further replaced by the current Arbitration Law
in 1998.
2. Current law
The enactment of the 1998 “Arbitration Law” marked an
important development in Taiwan’s arbitration practices. The
Arbitration Law includes many new features similar to those
included in the legislations in other countries. These new features
are the disclosure requirements, the ethical requirements, and the
amiable compositeur provisions, among others. When the
Arbitration Law was drafted, many foreign legislations, such as those
of United Kingdom, the United States, Germany and Japan, as well as
the UNCITRAL Model Law on International Commercial Arbitration
were taken into important consideration.
3. Confidentiality and publication of awards
Usually an arbitral award is not published. It is mainly because of
the institutional arbitration rules requiring the arbitrators to