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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

Exhibit 1

HUNGARIAN FORINT-FEE CHART of the COURT of ARBITRATION attached to the Hungarian Chamber of Commerce and Industry effective as of April 1, 2000

Registration fee: 15.000,-Ft

Administrative expenses:

AMOUNT IN DISPUTE (in HUF)ARBITRATION FEE (in HUF)
0 - 5.000.000:2,4%, minimum 12.000
5.000.001 - 10.000.000:120.000 + 2 % of the amount over 5.000.000
10.000.001 - 25.000.000:220.000 + 1,6 % of the amount over 10.000.000
25.000.001-50.000.000:460.000 + 1,2 % of the amount over 25.000.000
50.000.001 - 125.000.000:760.000 + 0,8 % of the amount over 50.000.000
125.000.001 - 250.000.000:1.360.000 + 0,4 % of the amount over 125.000.000
250.000.001 - 1.250.000.000:1.860.000 + 0,2 % of the amount over 250.000.000
1.250.000.001 - 5.000.000.000:3.860.000 + 0,12 % of the amount over 1.250.000.000
5.000.000.001 - above8.360.000 + 0,007 % of the amount over 5.000.000.000

Arbitrator's fee:

AMOUNT IN DISPUTE (in HUF)ARBITRATION FEE (in HUF)
0 - 5.000.000:2,4%, minimum 20.000
5.000.001 - 10.000.000:120.000 + 2 % of the amount over 5.000.000
10.000.001 - 25.000.000:220.000 + 1,6 % of the amount over 10.000.000
25.000.001 - 50.000.000:460.000 + 1,2 % of the amount over 25.000.000
50.000.001 - 125.000.000:760.000 + 0,8 % of the amount over 50.000.000
125.000.001 - 250.000.000:1.360.000 + 0,4 % of the amount over 125.000.000
250.000.001 - 1.250.000.000:1.860.000 + 0,2 % of the amount over 250.000.000
1.250.000.001 - 5.000.000.000:3.860.000 + 0,12 % of the amount over 1.250.000.000
5.000.000.001 - above8.360.000 + 0,007 % of the amount over 5.000.000.000

In respect of both the Hungarian Forint and the USD charts, the arbitration fee consists of the aggregate amount of the administrative expenses and the arbitrator's fee. The arbitrator's fee means the fee payable to the arbitrator. In case of an arbitral tribunal, the arbitrator's fee shall be multiplied by the number of the members of the arbitral tribunal. The arbitrator's fee of the presiding arbitrator and of the sole arbitrator shall be increased by 30 % of the arbitrator's fee. The administrative expenses also include the fees payable to the local government and a social security contribution of 11 % on the arbitrators' fee.


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