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(superseded) International Chamber of Commerce, Rules of Conciliation and Arbitration - (Old) Conciliation and amended Arbitration Rules in force as from January 1, 1988 until December 31, 1997
International Chamber of Commerce (ICC)
copy @ Lex Mercatoria
Upon the file being opened, the Secretariat of the International Court of Arbitration shall fix the sum required to permit the process to proceed, taking into consideration the nature and importance of the dispute. Such sum shall be paid in equal shares by the parties.
This sum shall cover the estimated fees of the conciliator, expenses of the conciliation, and the administrative expenses as set out in Appendix III hereto.
In any case where, in the course of the conciliation process, the Secretariat of the Court shall decide that the sum originally paid is insufficient to cover the likely total costs of the conciliation, the Secretariat shall require the provision of an additional amount which shall be paid in equal shares by the parties.
Upon termination of the conciliation, the Secretariat shall settle the total costs of the process and advise the parties in writing.
All the above costs shall be borne in equal shares by the parties except and in so far as a settlement agreement provides otherwise.
A party's other expenditures shall remain the responsibility of that party.
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