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Rules of arbitation and conciliation International Arbitral Centre of the Austrian Federal Economic Chamber Vienna (Vienna Rules)
Rules of arbitration - Translation from the authentic german text

General provisions

Jurisdiction*)

Article 1

Organization

Article 2

Article 3

Article 4

Arbitrators

Article 5

Arbitral proceedings

Commencement of the Proceedings

Article 6

Article 7

Time-Limits, Service and Communications

Article 8

Nomination and Appointment of Arbitrators

Article 9

Article 10

Challenge of Arbitrators

Article 11

Termination of the Mandate of Arbitrators

Article 12

Article 13

Conduct of the Proceedings

Article 14

Article 15

Article 16

Article 17

The Award

Article 18

Article 19

Article 20

Article 21

Costs of the proceedings

Costs and Deposits

Article 22

Article 23

Article 24

Metadata

SiSU Metadata, document information

Manifest

SiSU Manifest, alternative outputs etc.

Rules of arbitation and conciliation International Arbitral Centre of the Austrian Federal Economic Chamber Vienna (Vienna Rules)

copy @ Lex Mercatoria

Rules of arbitation and conciliation International Arbitral Centre of the Austrian Federal Economic Chamber Vienna (Vienna Rules)
Rules of arbitration - Translation from the authentic german text

Costs of the proceedings

Costs and Deposits

Article 23

1. The costs of arbitration (administrative costs, arbitrators' fees, cash outlay on such as experts' fees, travelling and subsistence expenses of arbitrators and experts, rental amounts, costs of minuting, interpretation and translation) shall be fixed by the Secretary.

2. As soon as it is known whether the dispute is to be decided by a sole arbitrator or by an arbitral tribunal, the Secretary shall fix the amount of the deposit against the expected costs of arbitration. That deposit shall be paid in equal shares by the parties before transmission of the files to the arbitrators and within thirty days after service of the payment request.

3. If the Claimant (Counter-claimant) fails to pay its share within the period fixed, the Secretary may delete the claim or counter-claim from the list of cases of the Centre. He shall inform the parties thereof. The claim (counter-claim) can be resubmitted in accordance with Article 6.

4. If the share of the Defendant (Counter-defendant) is not received within the period fixed, the Secretary shall inform the Claimant (Counter-claimant) thereof and shall request the Claimant or Counter-claimant to pay the failing share of the deposit within thirty days after service of the request. If this amount is not received within the period fixed, the Secretary can delete the claim (counter-claim) from the list of cases of the Centre. He shall inform the parties thereof. The claim (counter-claim) can be resubmitted in accordance with Article 6.

5. If it should be necessary to increase the deposit against costs in the course of the proceedings because of an increase in the amount in dispute, a procedure analogous to that provided for in paragraphs 2 to 4 of the present Article shall be adopted. Until payment of the additional deposit, the increase of the amount in dispute shall not be taken into account in the arbitral proceedings.

6. If it should be necessary to increase the deposit against costs in the course of the proceedings because the amount fixed for cash outlay is not sufficient, a procedure analogous to that provided for in paragraphs 2 to 4 of the present Article shall be adopted.

7. Reductions in the amount in dispute shall be taken into account in the calculation of arbitrators' fees and administrative costs only if they occurred before transmission of the files to the arbitrators.

8. If the proceedings should be terminated otherwise than by an award or a settlement, the Secretary shall fix the arbitrators' fees and administrative costs at an appropriate level and shall determine the cash outlay.

9. If the arbitrators consider it to be necessary to appoint experts, they shall inform the Secretary thereof, indicating the expected costs. The Secretary will proceed by analogy with the provisions of paragraphs 2 to 4 of the present Article. The arbitrators may appoint an expert only after the deposit against the expected fees and expenses of the expert has been paid to the Secretariat or the payment of the fees and expenses has been ensured by means of a service contract between the experts and the parties. The preceding provisions shall also apply to the appointment of interpreters and translators.


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