Arbitration agreement :
Section – 7. (1) In this Part, “arbitration agreement” means an agreement by the parties to submit to arbitration all or certain disputes which have arisen or which may arise between them in respect of a defined legal relationship, whether contractual or not.
(2) An arbitration agreement may be in the form of an arbitration clause in a contract or in the form of a separate agreement.
(3) An arbitration agreement shall be in writing.
(4) An arbitration agreement is in writing if it is contained in—
| (a) | a document signed by the parties; | |
| (b) | an exchange of letters, telex, telegrams or other means of telecommunication which provide a record of the agreement; or | |
| (c) | an exchange of statements of claim and defence in which the existence of the agreement is alleged by one party and not denied by the other. |
(5) The reference in a contract to a document containing an arbitration clause constitutes an arbitration agreement if the contract is in writing and the reference is such as to make that arbitration clause part of the contract.