- Subject(s):
- Arbitration, procedure — Costs and expenses — Valuation — Arbitration
This chapter discusses arbitration fees and costs, covering Article 82 and Appendix II of the CIETAC Rules. Article 82.1 empowers the CIETAC to charge arbitration fees and other actual costs incurred in the course of arbitration. The other additional and reasonable actual costs include arbitrators’ ‘special remuneration’; their travel and accommodation expenses incurred for handling the case; fees of stenographers; as well as the costs and expenses of experts, appraisers, or interpreters appointed by the arbitral tribunal. Appendix II of the CIETAC Rules sets forth three fee schedules with regard to arbitration fees. Under Schedule I, the CIETAC is to charge a ‘registration fee’ and an ‘arbitration fee’; under Schedule II, the CIETAC is to charge a ‘registration fee’ and a ‘handling fee’; and under Schedule III, the CIETAC is to charge a ‘registration fee’, an ‘administrative fee’, and ‘arbitrator’s fees and expenses’.
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