ARBITRATION AND MEDIATION ACT, 2023

Section 71: Suspension of limitation period

2023Section 71 of 92Federal Republic of Nigeria

(1) When the mediation proceedings commence, the running of the limitation period regarding the claim that is the subject matter of the mediation is suspended.
(2) Where the mediation proceedings have terminated without a settlement agreement, the limitation period resumes running from the time or day the mediation ended without a settlement agreement.

Cite this section

Section 71, ARBITRATION AND MEDIATION ACT, 2023 (2023).

https://repo.podus.ai/laws/arbitration-and-mediation-act-2023/section/71/