DIS UNCITRAL UNCITRAL Arbitration Rules administered by DIS (2012)
DIS UNCITRAL
UNCITRAL Arbitration Rules administered by DIS (2012)
- The arbitral tribunal, on its establishment, may request the parties to deposit an equal amount as an advance for the costs referred to in article 40, paragraph 2 (a) to (c).
- The provisional advance paid by the claimant to the DIS pursuant to article 3 paragraph 6 shall be credited to the claimant’s share of the advance on costs.
- During the course of the arbitral proceedings, the arbitral tribunal may request supplementary deposits from the parties.
- If the required deposits are not paid in full within 30 days after the receipt of the request, the arbitral tribunal shall so inform the parties in order that one or more of them may make the required payment. If such payment is not made, the arbitral tribunal may order the suspension or termination of the arbitral proceedings.
- After a termination order or final award has been made, the arbitral tribunal shall render an accounting to the parties of the deposits received and return any unexpended balance to the parties.
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