In considering any applications under this Rule, the arbitral tribunal shall have due regard to ensuring a fair and expeditious determination of the disputes in reference as a whole.
The Secretary General of the Centre shall fix the fees of the arbitral tribunal in accordance to the Schedule of Fees.
As a general rule, the USD scale in Appendix A1 is intended to apply to international arbitrations whereas the JMD scale in Appendix A2 is intended to apply to domestic arbitrations.
The fees of the arbitral tribunal are inclusive of the Centre’s administrative costs. The Centre’s administrative costs shall be (20%) of the arbitral tribunal’s fees. The Centre’s administrative costs shall be deducted from (and not added to) the arbitral tribunal’s fees.
The fees of the arbitral tribunal and the Centre’s administrative costs above may, in exceptional or unusual or unforeseen circumstances, be adjusted from time to time at the discretion of the Secretary General of the Centre.
For the purpose of calculating the amount in dispute, the value of any counterclaim and/or set-off will be added to the amount of the claim.
Where a claim or counterclaim does not state a monetary amount, an appropriate value for the claim or counterclaim shall be determined by the Secretary General of the Centre in consultation with the arbitral tribunal and the parties for the purpose of computing the arbitrator’s fees and the administrative costs.
Pursuant to Article 19 Rule 1 and 2 above and from time to time thereafter, the Secretary General of the Centre shall notify and require the parties to each provide a deposit or further supplementary deposits towards the applicable fees and administrative costs. The parties shall within 14 days of receipt of such requests pay such deposits directly to the Centre, providing that at no time shall the Centre request deposits which collectively surpass the fees applicable.
* A model arbitration clause for contracts can be found in the annex to the Rules.
Each party may be represented or assisted by persons chosen by it. The names and addresses of such persons must be communicated to all parties and to the arbitral tribunal. Such communication must specify whether the appointment is being made for purposes of representation or assistance. Where a person is to act as a representative of a party, the arbitral tribunal, on its own initiative or at the request of any party, may at any time require proof of authority granted to the representative in such a form as the arbitral tribunal may determine.