(1) In this
section —
new information means information relevant to an
arbitrator’s decision that was not available to the arbitrator at the
time the decision was made, whether or not the information was available to,
or could have been obtained by, a party at that time.
(2) A party to a
dispute may apply to the Registrar for the reconsideration by an arbitrator of
the arbitrator’s decision in the dispute on the basis of new
information.
(3) The arbitrator
must reconsider the decision on the basis of the new information if of the
opinion that the new information justifies reconsideration of the decision.
(4) When considering
whether new information justifies reconsideration of a decision, an arbitrator
may have regard to —
(a) the
probative value of the new information; and
(b) the
length of time between the making of the decision and when the new information
was obtained by the party applying for reconsideration; and
(c) the
length of time between the party obtaining the new information and the party
making the application for reconsideration; and
(d) any
other matters the arbitration rules specify.
(5) When an arbitrator
reconsiders a decision on the basis of new information, the arbitrator must
affirm, amend or revoke the decision, or make any further decision, as the
arbitrator considers appropriate having regard to the new information.