Section 11
If any dispute between the Bank on the one part and the
of Loans (Asian Development Bank) Act 1968
Government or a statutory authority or both on the other part arises under any agreement concluded or guarantee or undertaking given in exercise of the powers conferred by this Act or under any bond, promissory note or such instrument issued pursuant to any such agreement it shall be determined by arbitration in the manner agreed between the parties and any award made in such arbitration shall be enforceable in Malaysia in all respects as if it had been validly made in an arbitration
Loans (Asian Development Bank) 11
under the *Arbitration Act 1952 [Act 93], or any other written law relating to arbitration for the time being in force in
Malaysia and for the purposes of this section such Act or law shall be binding on the Government.