Knowledge Centre
Part XI — THE AWARD
39.1 Where the Tribunal consists of more than one arbitrator, any award or other decision shall be made by a majority. In the absence of a majority, the presiding arbitrator shall decide.
39.2 The award shall be in writing, shall state the reasons on which it is based unless the parties have agreed otherwise or it is an award on agreed terms, and shall be signed by the arbitrators.
39.3 The award shall state its date and the seat of arbitration.
Parties with a valid arbitration agreement may file a Notice of Arbitration under the Consolidated Rulebook. The Secretariat acknowledges within one business day.
Commence a MatterWithdrawal within fourteen days of the Notice is permitted under Article 7 without forfeiture of the Registration Fee *.
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