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In our previous article, we reported on the Supplemental Arrangement Concerning Mutual Enforcement of Arbitral Awards between Mainland China and the HKSAR (Supplemental Arrangement) made on 27 November 2020, which made certain revisions to the Arrangement Concerning Mutual Enforcement of Arbitral Awards between Mainland China and the HKSAR, as follows:
The revisions at (1) and (2) above came into effect on 27 November 2020, when the Supplemental Arrangement was signed. The revisions at (3) and (4) above required amendments to be made to the Arbitration Ordinance before they could be brought into effect. Those amendments have now been enacted in the Arbitration (Amendment) Ordinance 2021, which will come into effect on 19 May 2021. So from 19 May 2021:
The revisions will undoubtedly go a long way to further facilitate the use of arbitration in cross-border civil and commercial disputes.
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