DIS AdjR

DIS AdjR  
DIS Adjudication Rules (2010)

24.1 In the event that payment obligations which have been determined by the adjudicators are not fulfilled, the payer shall pay default interest in the amount of 10 percentage points above the base interest rate per year starting from the date of receipt of the decision by the adjudicators. The same applies to the decision on costs.
24.2 If services have been performed on the basis of a decision by the adjudicators without remuneration, for which according to the decision of the (arbitration) court there was a claim for remuneration, the claim for remuneration shall bear interest at the rate of 5 percentage points above the base interest rate per year as from the date of the billable performance of the services.
24.3 If payments have been effected on the basis of a decision by the adjudicators to which the recipient of these payments was not according to the decision of the (arbitration) court entitled, the repayment claim shall bear interest at the rate of 5 percentage points above the base interest rate per year from the date of receipt of payment.
24.4 Further-reaching statutory or contractual claims for interest remain unaffected.
Imported: