Page:Contracts (Rights of Third Parties) Act 2001.pdf/9

10 : arbitration (referred to in this section as the arbitration agreement);
 * (b) the arbitration agreement is an agreement in writing for the purposes of the Arbitration Act 2001 or Part II of the International Arbitration Act (Cap. 143A); and
 * (c) the third party does not fall to be treated under subsection (1) as a party to the arbitration agreement,

the third party shall, if he exercises the right, be treated for the purposes of the Arbitration Act 2001 or the International Arbitration Act, as the case may be, as a party to the arbitration agreement in relation to the matter with respect to which the right is exercised, and be treated as having been so immediately before the exercise of the right.