(1)An arbitration is “seated in Scotland” if—
(a)Scotland is designated as the juridical seat of the arbitration—
(i)by the parties,
(ii)by any third party to whom the parties give power to so designate, or
(iii)where the parties fail to designate or so authorize a third party, by the tribunal, or
(b)in the absence of any such designation, the court determines that Scotland is to be the juridical seat of the arbitration.
(2)The fact that an arbitration is seated in Scotland does not affect the substantive law to be used to decide the dispute
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