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Rules of Proceedings of the Court of Arbitration attached to the Hungarian Chamber of Commerce and Industry effective as of April 1, 2000

Standard Arbitration Clause

I. - General Provisions

II. - Arbitral Proceedings

III. - Conciliation Procedure

Regulation on the Arbitration Fees, Costs and Expenses of the Parties

Art. 1. Definitions

Art. 2. Registration Fee

Art. 3. Arbitration Fee

Art. 4. Reduction and Partial Refunding of the Arbitration Fee

Art. 5. Arbitration Fee in Respect Counterclaims

Art. 6. Division of the Arbitration Fee

Art. 7. Arbitration Fee of Conciliation Procedure

Art. 8. Expenses Relating to Arbitration

Art. 9. The Expenses of the Parties

Art. 10. Exceptions

Exhibit 1

Exhibit 2

Information Page

Metadata

SiSU Metadata, document information

Manifest

SiSU Manifest, alternative outputs etc.

Rules of Proceedings of the Court of Arbitration attached to the Hungarian Chamber of Commerce and Industry effective as of April 1, 2000

copy @ Lex Mercatoria

Rules of Proceedings of the Court of Arbitration attached to the Hungarian Chamber of Commerce and Industry effective as of April 1, 2000

Regulation on the Arbitration Fees, Costs and Expenses of the Parties

Art. 4. Reduction and Partial Refunding of the Arbitration Fee

(1) Fifty percent of the arbitration fee not including however the registration fee shall be refunded to the claimant if the claimant has withdrawn his claim before the date of the first hearing because, among other reasons, the parties have settled the dispute by agreement, or the parties notify the Arbitration Court before the date of the first hearing that they waive their request to have their dispute settled by arbitration or the Arbitration Court terminates the case for other reasons.

(2) The provisions of paragraph (1) above shall also apply to the minimum arbitration fee.

(3) In cases set forth in paragraphs (1) and (2) above, the decision on a partial refund of the arbitration fee shall be made by the Arbitration Court together with the decision on the termination of proceedings. If the arbitral tribunal has not yet been formed, the decision relating to the refund of the fee shall be made by the President of the Arbitration Court.

(4) If the Arbitration Court terminates the proceedings on grounds of lack of its own jurisdiction at the latest at the first hearing, fifty percent of the arbitration fee shall be refunded to the claimant.


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