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 2
USD-FEE CHART the COURT of ARBITRATION attached to the Hungarian Chamber of Commerce and Industry effective as of April 1, 2000
Registration fee: USD 200,-
Administrative expenses:
AMOUNT IN DISPUTE (in USD)
ARBITRATION FEE (in USD)
0 - 20.000:
2,4 % minimum 200
20.001 - 50.000:
480 + 2 % of the amount over 20.000
50.001 - 100.000:
1.080 + 1,6 % of the amount over 50.000
100.001 - 200.000:
1.880 + 1,2 % of the amount over 100.000
200-001 - 500.000:
3.080 + 0,8 % of the amount over 200.000
500.001 - 1.000.000:
5.480 + 0,4 % of the amount over 500.000
1.000.001 - 5.000.000:
7.480 + 0,2 % of the amount over 1.000.000
5.000.001 - 20.000.000:
15.480 + 0,12 % of the amount over 5.000.000
20.000.001 - above :
33.480 + 0,007 % of the amount over 20.000.000
Arbitrator's fee:
AMOUNT IN DISPUTE (in USD)
ARBITRATION FEE (in USD)
0-20.000:
2,4 %, minimum 120
20.001 - 50.000:
480 + 2 % of the amount over 20.000
50.001 - 100.000:
1.080 + 1,6 % of the amount over 50.000
100.001 - 200.000:
1.880 + 1,2 % of the amount over 100.000
200-001 - 500.000:
3.080 + 0,8 % of the amount over 200.000
500.001 - 1.000.000:
5.480 + 0,4 % of the amount over 500.000
1.000.001 - 5.000.000:
7.480 + 0,2 % of the amount over 1.000.000
5.000.001 - 20.000.000:
15.480 + 0,12 % of the amount over 5.000.000
20.000.001 - above:
33.480 + 0,007 % of the amount over 20.000.000
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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