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Enforcement of arbitration provisions.
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5.—(1) The pecuniary obligations imposed by an award under Section (h) of Article 4 of Annex II of the Convention shall, by leave of the High Court, be enforceable in the same manner as a judgment or order of the High Court to the same effect and, where leave is so given, judgment may be entered for the amount due or, as the case may be, the balance outstanding under the award.
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(2) Where an application is made to the High Court pursuant to subsection (1) of this section, the High Court shall, in any case where enforcement of an award has been stayed in accordance with Section (i) of Article 4 of Annex II of the Convention, stay enforcement of the pecuniary obligations imposed by the award and may, in any case where an application has been made in accordance with the aforesaid Section which, if granted, might result in a stay on the enforcement of the award, stay enforcement of the pecuniary obligations imposed by the award.
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