Marginal note:Final offers
15.2 (1) The parties to the contract shall each submit a final offer in respect of the outstanding issues to each other and to the arbitrator within five days after the date on which those issues are referred to the arbitrator.
Marginal note:Decision of arbitrator
(2) The arbitrator shall consider, among other things, the principles set out in section 2 and, within 15 days, choose one or other of the final offers in its entirety.
Marginal note:Effect of decision
(3) The final offer chosen by the arbitrator is final and binding and becomes part of the new contract for services that is effective on the day after the former contract expires.
Marginal note:Sharing of costs
(4) The parties to the contract shall share equally the cost of the fees of the mediator or arbitrator.
- 1998, c. 10, s. 148
- 2019, c. 29, s. 231
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