26. Any agreement to submit a dispute to arbitration under the Scheme must satisfy the following requirements (an “Arbitration Agreement”):
(i)the agreement of each party (which may be expressed in the same or in separate documents) must be in writing;
(ii)the agreement must concern an existing dispute;
(iii)the agreement must not seek to alter or vary any provision of the Scheme;
(iv)the agreement must have been reached either:
(a)where a conciliation officer has taken action under section 18 of the Employment Tribunals Act 1996, or
(b)through a compromise agreement, where the conditions regulating such agreements under the Employment Rights Act 1996 are satisfied; and
(v)the agreement must be accompanied by a completed Waiver Form for each party. Parties applying for English/Welsh arbitrations should complete Appendix A; parties applying for Scottish arbitrations should complete Appendix B.