SIAC Arb 2016 SIAC Arbitration Rules (2016)
SIAC Arb 2016
SIAC Arbitration Rules (2016)
The administration fee calculated in accordance with the Schedule below applies to all arbitrations administered by SIAC and is the maximum amount payable to SIAC.
| Sum in Dispute (S$) | Administration Fees (S$) |
|---|---|
| Up to 50,000 | 3,800 |
| 50,001 to 100,000 | 3,800 + 2.200% excess over 50,000 |
| 100,001 to 500,000 | 4,900 + 1.200% excess over 100,000 |
| 500,001 to 1,000,000 | 9,700 + 1.000% excess over 500,000 |
| 1,000,001 to 2,000,000 | 14,700 + 0.650% excess over 1,000,000 |
| 2,000,001 to 5,000,000 | 21,200 + 0.320% excess over 2,000,000 |
| 5,000,001 to 10,000,000 | 30,800 + 0.160% excess over 5,000,000 |
| 10,000,001 to 50,000,000 | 38,800 + 0.095% excess over 10,000,000 |
| 50,000,001 to 80,000,000 | 76,800 + 0.040% excess over 50,000,000 |
| 80,000,001 to 100,000,000 | 88,800 + 0.031% excess over 80,000,000 |
| Above 100,000,000 | 95,000 |
The administration fee does not include the following:
• Fees and expenses of the Tribunal;
• Usage cost of facilities and support services for and in connection with any hearing (e.g. hearing rooms and equipment, transcription and interpretation services); and
• SIAC’s administrative expenses.
SIAC will charge a minimum administration fee of S$3,800, payable for all cases, unless the Registrar otherwise determines.
Import: