SCC ExpArb SCC Expedited Arbitration Rules (2023)
SCC ExpArb
SCC Expedited Arbitration Rules (2023)
ARBITRATION COSTS
Article 1 – Registration fee
(1) The registration fee referred to in Article 7 of the Rules for Expedited Arbitrations is EUR 2 500.
(2) The registration fee is non-refundable and constitutes a part of the administrative fee in Article 3 below. The registration fee shall be credited to the advance on costs to be paid by the claimant pursuant to Article 51 of the Rules for Expedited Arbitrations.
Article 2 – Fee of the Arbitrator
(1) The Board shall determine the fee of the Arbitrator based on the amount in dispute in accordance with the table found at www.sccarbitrationinstitute.com.
(2) The amount in dispute shall be the aggregate value of all claims, counterclaims and set-offs. Where the amount in dispute cannot be ascertained, the Board shall determine the fee of the Arbitrator having regard to all relevant circumstances.
(3) In exceptional circumstances, the Board may deviate from the amounts set out in the table.
Article 3 – Administrative fee
(1) The administrative fee shall be determined based on the amount in dispute in accordance with the table found at www.sccarbitrationinstitute.com.
(2) The amount in dispute shall be the aggregate value of all claims, counterclaims and set-offs. Where the amount in dispute cannot be ascertained, the Board shall determine the administrative fee having regard to all relevant circumstances.
(3) In exceptional circumstances, the Board may deviate from the amounts set out in the table.
Article 4 – Expenses
In addition to the fee of the Arbitrator and the administrative fee, the Board shall fix an amount to cover any reasonable expenses incurred by the Arbitrator and the SCC. The expenses of the Arbitrator may include the fee and expenses of any expert appointed by the Arbitrator pursuant to Article 35 of the Rules for Expedited Arbitrations.
Article 5 – Pledge
By paying the advance on costs pursuant to Article 51 (1) of the Rules for Expedited Arbitrations, each party irrevocably and unconditionally pledges to the SCC and to the Arbitrator, as represented by the SCC, any rights over any amount paid to the SCC as continuing security for any liabilities for the costs of the arbitration.
Quelle: SCC
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