Application of preceding sections to certain awards and testamentary directions to execute settlements.

The provisions of this Chapter as to contracts shall apply to awards to which 1[the Arbitration and Conciliation Act, 1996 (26 of 1996)], does not apply and to directions in a will or codicil to execute a particular settlement.

¹ Subs. by Act 18 of 2018, s. 12, for "the Arbitration Act, 1940 (10 of 1940)" (w.e.f. 1-10-2018).