A. Introduction

6.1 An arbitrator’s jurisdiction is the power conferred on him to determine the dispute between the parties and to make final decisions which are binding on them. This power derives from the arbitration agreement between the parties and from the steps, such as appointment, which are taken pursuant to that agreement to refer the dispute to arbitration. If the tribunal lacks jurisdiction, then any award which it makes will be without effect, and the costs incurred in the arbitration will be wasted.