Arbeitsbereich
SIAC Arb

SIAC Arb  
SIAC Arbitration Rules (2025)

  1. The final award shall be made as soon as practicable and, in any event, within six months from the date of constitution of the Tribunal, unless the parties agree otherwise or the Registrar extends the time for making such final award.
  2. The Tribunal may, in consultation with the parties and the Registrar, order that the time limit for making the final award under Paragraph 24 shall no longer apply in the arbitration. Notwithstanding such an order by the Tribunal, the arbitration shall continue to be conducted by the same Tribunal that was constituted to conduct the arbitration.
  3. Before making any award, the Tribunal shall submit such award in draft form to the Registrar and inform the parties of the date of submission. The Tribunal shall submit the draft award to the Registrar not later than 30 days from the date of submission of the last directed oral or written submission in respect of the proceedings to which the award pertains, unless the Registrar extends the time for such submission.
  4. The Registrar may, as soon as practicable, suggest modifications as to the form of the draft award and, without affecting the Tribunal’s liberty to decide the dispute, draw the Tribunal’s attention to points of substance. No award shall be issued until it has been approved by the Registrar as to its form.
  5. The Tribunal shall state the reasons upon which the award is based in summary form, unless the parties have agreed that no reasons are to be given.
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