@col69Correct re issuing a "certified" copy.32.8 The Award shall...

@col69

Correct re issuing a "certified" copy.

32.8 The Award shall be delivered to the Registrar, who shall transmit certified copies to the parties upon full settlement of the costs of the arbitration.

However, under other rules, there are a schedule of fees and deposits must be made upfront at the start of the arbitration. They then adjust any final cost requirements once the Award is sorted. There is also the proviso, as all parties are joint and severally liable, that one party can pay the other parties 50% if the so desire.

Given the SIAC wants to be the worlds go to Arbitration hub, I would think that it would make a mockery of the SIAC if they ruled on Awards yet couldn't issue them because the losing party said, yeah don't like the ruling so not paying and the Award is pointless. There must be some enforceable trigger / rule to ensure that doesn't happen.

 34.1 The Tribunal’s fees and SIAC’s fees shall be ascertained in accordance with the Schedule of Fees in force at the time of commencement of the arbitration. The parties may agree to alternative methods of determining the Tribunal’s fees prior to the constitution of the Tribunal.

34.2 The Registrar shall fix the amount of deposits payable towards the costs of the arbitration. Unless the Registrar directs otherwise, 50% of such deposits shall be payable by the Claimant and the remaining 50% of such deposits shall be payable by the Respondent. The Registrar may fix separate deposits on costs for claims and counterclaims, respectively.

34.5 Parties are jointly and severally liable for the costs of the arbitration. Any party is free to pay the whole of the deposits towards the costs of the arbitration should the other party fail to pay its share.

34.8 All deposits towards the costs of the arbitration shall be made to and held by SIAC. Any interest which may accrue on such deposits shall be retained by SIAC.