31Form and contents of award

31 Form and contents of award (Model Law art 31) (1) The award must be made in writing and must be signed by the arbitrator or arbitrators. (2) In arbitral proceedings with more than 1 arbitrator, the signatures of the majority of all members of the arbitral tribunal suffices, provided that the reason for any omitted signature is stated. (3) The award must state the reasons upon which it is based, unless the parties have agreed that no reasons are to be given or the award is an award on agreed terms under section 30. (4) The award must state its date and the place of arbitration as determined in accordance with section 20. (5) The award is taken to have been made at the place stated in the award in accordance with subsection (4). (6) After the award is made, a copy signed by the arbitrators in accordance with subsection (1) must be delivered to each party. Making of award and termination of proceedings Part 6 Section 32 R3 02/07/19 Commercial Arbitration Act 2017 Effective: 02/07/19 page 47 Authorised by the ACT Parliamentary Counsel—also accessible at www.legislation.act.gov.au