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International Centre for the Settlement of Investment Disputes - Rules of Procedure for the Institution of Conciliation and Arbitration Proceedings - Entered into force October 14, 1966
International Centre for Settlement of Investment Disputes (ICSID)
copy @ Lex Mercatoria
(1) An application for the interpretation, revision or annulment of an award shall be addressed in writing to the Secretary-General and shall:
(a) identify the award to which it relates;
(b) indicate the date of the application;
(c) state in detail;
(i) in an application for interpretation, the precise points in dispute;
(ii) in an application for revision, pursuant to Article 51(1) of the Convention, the change sought in the award, the discovery of some fact of such a nature as decisively to affect the award, and evidence that when the award was rendered that fact was unknown to the Tribunal and to the applicant, and that the applicant's ignorance of that fact was not due to negligence;
(iii) in an application for annulment, pursuant to Article 52(1) of the Convention, the grounds on which it is based. These grounds are limited to the following:
- that the Tribunal was not properly constituted;
- that the Tribunal has manifestly exceeded its powers;
- that there was corruption on the part of a member of the Tribunal;
- that there has been a serious departure from a fundamental rule of procedure;
- that the award has failed to state the reasons on which it is based;
(d) be accompanied by the payment of a fee for lodging the application.
(2) Without prejudice to the provisions of paragraph (3), upon receiving an application and the lodging fee, the Secretary-General shall forthwith:
(a) register the application;
(b) notify the parties of the registration; and
(c) transmit to the other party a copy of the application and of any accompanying documentation.
(3) The Secretary-General shall refuse to register an application for:
(a) revision, if, in accordance with Article 51(2) of the Convention, it is not made within 90 days after the discovery of the new fact and in any event within three years after the date on which the award was rendered (or any subsequent decision or correction);
(b) annulment, if, in accordance with Article 52(2) of the Convention, it is not made:
(i) within 120 days after the date on which the award was rendered (or any subsequent decision or correction) if the application is based on any of the following grounds:
- the Tribunal was not properly constituted;
- the Tribunal has manifestly exceeded its powers;
- there has been a serious departure from a fundamental rule of procedure;
- the award has failed to state the reasons on which it is based;
(ii) in the case of corruption on the part of a member of the Tribunal, within 120 days after discovery thereof, and in any event within three years after the date on which the award was rendered (or any subsequent decision or correction).
(4) If the Secretary-General refuses to register an application for revision, or annulment, he shall forthwith notify the requesting party of his refusal.
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