67
 No. 14. Electricity Supply. 1973.

 (5) Any purchase price payable by the Government in
accordance with the foregoing provisions of this Act for any
shares or debentures of the Company shall be paid before the
expiry of one year from the date of the revocation of the licence
and shall bear interest, such interest to be calculated from such
date until payment at the rate of 81/ per cent per annum and
to be payable half-yearly.
 (6) If the Governor shall serve upon the Company a
valid notice revoking the licence, the Company shall not there-
after, except with the previous written consent of the Governor,
issue any share or debenture.
 (7) If any disagreement shall ever arise as to the correct
amount of the purchase price to be paid by the Government
to any shareholder or debenture holder of the Company in
accordance with the foregoing provisions of this Act, the amount
to be so paid to the shareholder or debenture holder in question
shall be determined by a single arbitrator appointed in accord-
ance with the provisions of sub-section (1) of section 30.

 30. (1) On any reference to arbitration under section 7 Appointment
or section 29 the arbitrator shall-be appointed by agreement of Arbitrator
between the Governor and the Company or in default of such
agreement shall be the Puisne Judge assigned to the State of
Saint Vincent in accordance ivith the West Indies Associated
States Supreme Court Order, 1967.
 (2) On any reference to arbitration under section 24 the
arbitrator shall be appointed by agreement between the person
claiming compensation and the Company or, in default of such
agreement, by the Registrar of the High Court of Justice.

 31. (1) Save as otherwise provided in this Act and save Arbitration
where inconsistent with the provisions of this Act, the Arbitra- proceedings.
tion Ordinance, 1952 shall apply to every reference to arbitration No. 10 of 1952.
under this Act.
 (2) Upon any reference to arbitration under section 7
or section 29 of this Act in relation to which the arbitrator has
been appointed by agreement between the Governor and the
Company, the arbitrator may of his own motion and shall if
requested by either party state any question of law arising im
the course of the reference to him, in the form of a special case
for the decision of the Court and an appeal shall lie to the
Court of Appeal from any such decision but save as aforesaid,