SIAC Arb SIAC Arbitration Rules (2025)
SIAC Arb
SIAC Arbitration Rules (2025)
14.1 The arbitration shall be conducted in accordance with the Expedited Procedure set out in Schedule 3 where the parties have agreed to the application of the Expedited Procedure prior to the constitution of the Tribunal. Unless the parties have agreed to a previous edition of the SIAC Rules, any agreement by the parties to the application of the Expedited Procedure under a previous rule reference shall be deemed to be an agreement for the application of the Expedited Procedure for the purpose of this rule.
14.2 At the time of filing the Notice or the Response, or at any time prior to the constitution of the Tribunal, a party may file an application with the Registrar for the arbitration to be conducted in accordance with the Expedited Procedure where:
(a) at the time of the application, the amount in dispute does not exceed the equivalent amount of S$10,000,000 but exceeds the equivalent amount of S$1,000,000;
(b) at the time of the application, the amount in dispute does not exceed the equivalent amount of S$1,000,000 and the President has determined under Rule 13.1(b) that the Streamlined Procedure shall not apply to the arbitration; or
(c) the circumstances of the case warrant the application of the Expedited Procedure.
14.3 The President shall, after considering the views of the parties, determine whether to grant an application under Rule 14.2. Where the President grants the application, the Expedited Procedure set out in Schedule 3 shall apply.
14.4 The parties may agree to exclude the application of this Rule 14, by agreement in writing.
Import: