SIAC Arb 2016 SIAC Arbitration Rules (2016)
SIAC Arb 2016
SIAC Arbitration Rules (2016)
For arbitrations conducted pursuant to and administered under these Rules, the fee calculated in accordance with the Schedule below is the maximum amount payable to each arbitrator, unless the parties have agreed to an alternative method of determining the Tribunal’s fees pursuant to Rule 34.1.
| Sum in Dispute (S$) | Arbitrator's Fees (S$) |
|---|---|
| Up to 50,000 | 6,250 |
| 50,001 to 100,000 | 6,250 + 13.800% excess over 50,000 |
| 100,001 to 500,000 | 13,150 + 6.500% excess over 100,000 |
| 500,001 to 1,000,000 | 39,150 + 4.850% excess over 500,000 |
| 1,000,001 to 2,000,000 | 63,400 + 2.750% excess over 1,000,000 |
| 2,000,001 to 5,000,000 | 90,900 + 1.200% excess over 2,000,000 |
| 5,000,001 to 10,000,000 | 126,900 + 0.700% excess over 5,000,000 |
| 10,000,001 to 50,000,000 | 161,900 + 0.300% excess over 10,000,000 |
| 50,000,001 to 80,000,000 | 281,900 + 0.160% excess over 50,000,000 |
| 80,000,001 to 100,000,000 | 329,900 + 0.075% excess over 80,000,000 |
| 100,000,001 to 500,000,000 | 344,900 + 0.065% excess over 100,000,000 |
| Above 500,000,000 | 605,000 + 0.040% excess over 500,000,000 up to a maximum of 2,000,000 |
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