3263Commercial arbitration—payment into court

3263 Commercial arbitration—payment into court (1) A party to an arbitration agreement (the respondent) may at any time pay an amount into court in satisfaction of a claim to which the agreement applies of another party to the agreement (the claimant). (2) The respondent must serve a notice of the payment on the claimant and any other party to the agreement. (3) A claimant who has paid an amount into court in accordance with this rule may make further payments increasing the amount without the Rule 3264 (4) The respondent cannot plead a defence of tender before the arbitration was started unless the respondent has paid the amount tendered into court in accordance with this division.