On 1 June 2007 the Council of the Institute of Arbitrators & Mediators Australia (‘IAMA’) resolved that,where parties agree to submit a dispute between them to arbitration in accordance with:
- The IAMA Arbitration Rules; or
- The IAMA Fast Track Arbitration Rules,
then these Rules shall apply and that the former 1999 Rules for the Conduct of Commercial Arbitrations (including the Expedited Commercial Arbitration Rules) shall be superseded, except when the former 1999 Rules apply under an agreement to arbitrate.