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| (1) |
(Enforcement Date) This Act shall enter into force on the date
of its promulgation. |
| (2) |
(Transitional Measures on Arbitration Cases in Process) Cases for
which the arbitral proceedings have been in process before this Act
enters into force shall be governed by the previous pertinent provisions.
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| (3) |
(Transitional Measures on Designation of Commercial Arbitration
Institution) The Korean Commercial Arbitration Board, Incorporated
Association which has been established when this Act enters into force,
shall be deemed to be designated as an incorporated association conducting
the commercial arbitration under the provisions of amended Article
40, and its commercial arbitration rules shall be deemed to be approved
by the Chief Justice of the Korean Supreme Court under the provisions
of amended Article 41. |
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