National and International Rules of
Arbitration: International arbitration - Venice Chamber of National
and International ArbitrationÂ
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National and International Rules of
ArbitrationÂ
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SECTION I - GENERAL PROVISIONS
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Art.1- Â Scope of
application
1.These Rules shall govern arbitration and the other
proceedings specified under Section VIII hereof, which the parties
may initiate for the settlement of any dispute between them, under
an arbitration agreement making reference to the "Venice Chamber of
Arbitration" or to the "Chamber of Arbitration at the Venice
Chamber of Commerce" or to the "Venice Court of Arbitration" or to
"VENCA", or equivalent, or to its Rules. For the purposes of these
Rules, "arbitration agreement" means an agreement, either separate
or incorporated into a contract or contained in an exchange of
letters or telegrams or other means of communication, including
electronic means of communication, whereby the parties refer to
arbitration any dispute which has arisen or may arise between
them.Â
2.The Venice Chamber of Arbitration may act as
appointing authority and/or administer arbitrations, also under the
UNCITRAL Arbitration Rules, if the parties have so agreed in the
arbitration agreement.Â
3.If the parties have not subscribed an arbitration
agreement, or if the arbitration agreement fails to include even
one of the references mentioned in para. 1 above, the party
intending to anyway initiate recourse to arbitration under the
Rules of the Venice Chamber of Arbitration may apply so by a
request for arbitration to be filed with the Venice Chamber of
Arbitration according to Art. 11 of these Rules. If the other party
fails to agree upon the request for arbitration within 30 (thirty)
days from the receipt, the Secretariat of the Venice Chamber of
Arbitration shall notify the requesting party that the arbitration
cannot be initiated and shall explain the motives.Â
4.The subscription by the parties of the arbitration
clause or agreement entails the full knowledge and acceptance of
the Bylaws and the Rules of the Venice Chamber of Arbitration,
hereinafter referred to as the "Chamber of Arbitration".Â
5.If the arbitration arises out of or is connected with
an arbitration clause contained in a company's deeds of
incorporation or bylaws, also in derogation of the provisions
contained in such a clause, the Appointing Authority (the Board of
Arbitration and the Court of Arbitration) shall appoint all the
members of the arbitral tribunal, by nominating three arbitrators,
except where the clause provides for a sole arbitrator.Â
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Art.2- Rules applying to the
procedure
1.These Rules shall govern arbitration, subject to such
other rules as the parties may agree, and subject further to such
rules as the arbitral tribunal or the sole arbitrator may
fix.Â
2.Without prejudice for any mandatory rules applicable
to arbitration.Â
3.At all events, the principles of the debate and of
equality in the parties' treatment shall be respected and
applied.Â
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Art.3- Place of
arbitration
1.The place where the arbitration is to be held shall be
the seat of the Chamber of Arbitration at the Venice Chamber of
Commerce, in Venice.Â
2.In derogation of para. 1 above, the arbitrator or the
arbitral tribunal may, after consulting the parties and having
regard to the circumstances, determine a different place for the
efficient conduct of even a part of the proceedings.Â
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Art.4- Roll of
arbitrators
The Chamber of Arbitration can provide the
parties with a Roll of arbitrators. The parties may select the
arbitrator, the arbitrageur and the expert from the Roll. The
mediator shall be preferably selected from the Roll of mediators of
the Office of Arbitration and Mediation at the Venice Chamber of
Commerce.Â
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Art.5- Representatives of the
parties
The parties shall take part in the
proceedings either directly or through representatives provided
with the relevant powers, and may be assisted by professionals duly
appointed with a proxy to be lodged with the
Secretariat.Â
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Art.6- Notices, service of acts
and periods of time
1.Any notice, including the service of acts, shall be
effected by all the means which, for the purposes of speed, are
usually employed in commercial relationships, provided that they
supply proof of the receipt of the notice and the identification of
the sender.Â
2.Any notice or service of acts shall be deemed to have
been duly effected on the day when and the place where it has been
delivered at the address of the addressee, by any of the means
contemplated in the previous paragraph.Â
For the purposes of these Rules, a period of
time shall begin to run on the day following the day when a notice
or service is received.Â
If the last day of such a period is a
Saturday or an official holiday, the period of time shall be
extended until the first business day which follows.Â
3.Any period of time shall be suspended from August
1st to September 15th of each year and shall
re-start as of the day following the last day of the
suspension.Â
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Art.7- Acts and documents
of the proceedings
1.The parties shall file with the Chamber of Arbitration
any act and attached documents in original and in as many copies as
are the parties and the arbitrators.Â
2.The Secretariat shall transmit the copies of the acts
and documents filed by each party to the other party/ies and the
arbitrator/s.Â
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Art.8- Duty of
confidentiality
1.The Chamber of Arbitration, the arbitrators, the
technical advisor, the mediator, the arbitrageur, the experts and
the parties shall maintain confidentiality on any news and
information referring to the proceedings or the awards.Â
2.The parties may expressly authorize the Chamber of
Arbitration to publish the awards, either in full or with the
exclusion of any particulars regarding the identity of the parties
and the subjects involved in the proceedings.Â
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Art.9- Payment of the costs of
the proceedings
1.The payment of the costs of arbitration, arbitrage and
arbitral expertise shall be made respectively by the arbitrators
and the arbitrageurs, according to the attached Schedule of Fees
which is an integral part of these Rules, subject to prior
verification of compliance by the Director of the Chamber of
Arbitration.Â
2.The payment of the fees of the technical advisor shall
be made by the arbitrator or the President of the arbitral
tribunal, according to the prevailing professional fees.Â
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Art.10- Advance deposit on the
costs of the proceedings
1.The parties shall pay an advance deposit on the costs
of the proceedings fixed by the Director according to the attached
Schedule of Fees, on the basis of a prior provisional appraisal of
the value of the dispute, having regard of the complexity of the
claims raised by the parties and the amounts claimed.Â
2.No action shall be taken by the Chamber of
Arbitration, if the parties fail to pay the advance deposit within
20 (twenty) days from the relevant request by the
Director.Â
All such payments shall be equally
distributed between the parties until the closing of the
proceedings. If a party fails to provide for the requested deposit
within the fixed period of time, the other party may provide so. In
such an event, the relevant amount shall be included in the award
as a credit with the most diligent party. Failure by the parties to
make even one single payment shall entail the stay of the
proceedings, whose period of time shall re-start upon the making of
such a payment. If a payment is not made within six months from the
relevant request, the Chamber of Arbitration shall dismiss the
proceedings.Â
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SECTION II - COMMENCEMENT OF THE
PROCEEDINGS
Art.11- Request for
arbitration
1.The party intending to initiate recourse to
arbitration shall apply so by a request for arbitration, signed by
such a party, addressed to the other party and to the Secretariat.
The request for arbitration shall contain the following:Â
a.           the particulars for the identification of the
parties, namely the names, the address and the details of the
domicile for notices and the service of acts;Â
b.           the act containing to the arbitration clause or
agreement or, as specified in Art. 1, para. 3 of these Rules, the
request to the other party that the dispute be referred to
arbitration under the Chamber of Arbitration;Â
c.           a description of the nature and object of the
dispute with documents attached and, to the extent possible, the
relief sought and the amounts claimed;Â
d.           the appointment of the arbitrator provided for
in the arbitration agreement, the particulars for the
identification of the arbitrator, and the request to the other
party to appoint its arbitrator, or that the dispute be referred to
a sole arbitrator, if allowed so by the arbitration
agreement;Â
e.           the particulars for the identification of the
claimant's representative and his/her address for the purposes of
the arbitration, and the power of attorney, if any, granted by the
party to its counsel.Â
2.A copy of the request for arbitration shall be
transmitted by the Secretariat to the other party, according to the
provisions contained in Art. 6 of these Rules, within 5 (five)
working days from the date of the submission.Â
3.The dispute shall be deemed to have been referred to
arbitration at the time of the transmission of the request for
arbitration to the defendant.Â
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Art.12- File of the
proceedings
The Secretariat shall open a file of the
proceedings, by assigning it a reference number by year, and shall
make an entry of such a number into the relevant chronological
register, under the date of receipt of the request for
arbitration.Â
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Art.13- Answer to the request
for arbitration
1.The respondent, within 20 (twenty) days from the
receipt of the request for arbitration, shall file an answer to the
request with the Secretariat which shall copy it to the claimant
within 5 (five) working days from the date of the submission. The
answer to the request shall contain the following:Â
a.the particulars
for the identification of the respondent, namely the names, the
address and the details of the domicile for notices and the service
of acts;Â
b.     the defences and applications;Â
c.the
counterclaims, if any;Â
d.     the appointment of the arbitrator, if required
by the arbitration agreement;Â
e.the particulars
for the identification of the respondent's representative and
his/her address for the purposes of the arbitration, and the power
of attorney, if any, granted by the party to its
counsel.Â
2.If the respondent fails to appoint its arbitrator, and
the dispute cannot be referred to a sole arbitrator, the
respondent's arbitrator shall be appointed by the Board of
Arbitration for a domestic arbitration, and the Court of
Arbitration for an international arbitration, according to the
provisions contained in Art. 16 of these Rules.Â
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Art.14-
Counterclaims
If the respondent raises a counterclaim in
its answer, the claimant is entitled to file its defence within 20
(twenty) days from the receipt of the counterclaim by care of the
Secretariat. The Secretariat shall forward the claimant's defences
to the respondent within 5 (five) working days from the
submission.Â
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Art.15- Advance deposit on the
costs of arbitration
1.The Director, on the basis of the documents specified
under Arts. 11 and 13 hereof, shall make a provisional appraisal of
the value of the dispute, and shall request the parties to provide
in equal parts for an advance deposit on the costs of
arbitration specified in Art. 35 of these Rules. The value of the
dispute shall be ascertained on the basis of the whole
of the parties' claims and the amounts claimed.Â
2.In the event of one or more counterclaims, the
Director may request the parties for separate deposits for the main
claims and the counterclaims.Â
3.If the value of the dispute is initially
unascertainable, the Director shall fix the amount of the advance
deposit to be paid on the costs of arbitration.Â
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SECTION III - THE ARBITRATOR
Art.16- Appointment of the
arbitrator
1.The appointment of the arbitrator or the arbitral
tribunal shall be made:Â
-by the Board of Arbitration for domestic
arbitrations;Â
-by the Court of Arbitration for international
arbitrations,Â
hereinafter referred to as the "Appointing
Authority".Â
2.Arbitrations under these Rules shall be referred to a
sole arbitrator or an arbitral tribunal made of three or more
arbitrators (hereinafter referred to as the "arbitrator"),
provided, however, that the number of arbitrators is always an odd
number. The parties failing to specify the number of arbitrators, a
sole arbitrator shall be appointed by the Appointing Authority to
decide upon the dispute, except that the parties deem that the
characteristics of the dispute demand that it be referred to a
tribunal of three arbitrators.Â
3.The parties failing to appoint the arbitrator/s, the
latter shall be appointed by the Appointing Authority. Such a
provision shall apply also in the event that the parties fail to
appoint the President of the arbitral tribunal. If the arbitration
agreement provides for an even number of arbitrators, the arbitral
tribunal shall be made of the indicated number of arbitrators plus
one, acting as President.Â
4.Number of parties:Â
a. in the event that an arbitration involves more than
two parties raising conflicting claims which cannot be reduced to a
bilateral scheme, and/or in the event of disputes between
companies, in the absence of specific provisions in the arbitration
agreement on the number of arbitrators and the modalities of their
appointment, the Board or the Court of Arbitration shall appoint
three arbitrators, one of them acting as President;Â
b.in the event
that the arbitration agreement contains specific provisions on the
number of arbitrators, or having regard to factual circumstances
which demand an arbitral tribunal of more than three arbitrators,
the Appointing Authority shall make the necessary appointments in
order to obtain an odd number of arbitrators.Â
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Art.17- Acceptance of the
appointment
1.An arbitrator accepting the appointment in an
arbitration administered by the Chamber of Arbitration, such an
appointment being made either by a party, the other arbitrators,
the Chamber of Arbitration or another subject, shall expressly
undertake to perform his/her duty under the Rules of the Chamber of
Arbitration and the attached Ethical Code.Â
2.The Ethical Code shall apply also to the technical
advisors appointed in the arbitrations referred to the Chamber of
Arbitration.Â
3.The arbitrator shall notify the Secretariat of his/her
acceptance of the appointment within 10 (ten) days from the receipt
of the notice of appointment. The arbitrator failing to so notify
the Secretariat, the appointment shall be deemed to have been
refused.Â
4.Upon acceptance of the appointment, the arbitrator
shall provide a statement whereby he/she declares the lack of any
link to or interest in common with the parties, their counsels or
representatives, or the object of the dispute, which may reasonably
impair the parties' trust in the arbitrator's independence and
impartiality.Â
5.In the event of any other serious impediment affecting
the arbitrator's independence and impartiality, the arbitrator
shall ask the Appointing Authority permission to
forbear.Â
6.The appointment of a new arbitrator replacing the
arbitrator refusing the appointment shall be made by the party, if
this was the case with the first arbitrator, within 10 (ten) days
from the notice of refusal. If the first appointment had been made
by the Appointing Authority, the latter shall appoint the new
arbitrator within the same period of time.Â
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Art.18- Challenge procedure,
waiver and impediment
1.A party is entitled to submit to the Secretariat a
motivated request for the challenge of the arbitrator, within 20
(twenty) days, sub poena of forfeiture, from the receipt of the
arbitrator's statement of acceptance, or from the time the party
has become aware of the circumstances on which it intends to base
its request for challenge. Â
2.The Appointing Authority shall decide upon the
challenge within 20 (twenty) days from the receipt of the relevant
request, after having heard the arbitrator and given to the other
arbitrators and the other party the opportunity to
comment.Â
3.The parties and the arbitrators shall be given
immediate notice of the Appointing Authority's decision on the
request for challenge.Â
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Art.19- Replacement of the
arbitrator
1.An appointed arbitrator shall be replaced by a new
arbitrator under the following circumstances:Â
a. the appointed arbitrator refuses the appointment or
waives after having accepted the appointment;Â
b.the Board or the
Court of Arbitration accepts the request for challenge of the
arbitrator;Â
c. the Board or the Court of Arbitration dismisses the
arbitrator for infringement of the obligations imposed by these
Rules or for any other serious motives;Â
d.the arbitrator
dies or, else, he/she is no longer capable of performing his/her
duties due to illness or other serious motives.Â
2.The Secretariat shall have the authority to stay the
proceedings under any of the circumstances listed in para. 1
above.Â
3.The new arbitrator shall be appointed by the same
agent having appointed the arbitrator to be replaced. If the new
arbitrator is also to be replaced, another arbitrator shall be
appointed by the Board or the Court of Arbitration.Â
4.The Board or the Court of Arbitration shall also fix
the fees for the replaced arbitrator, on the basis of the
activities he/she has performed and the motives for the
replacement.Â
5.In the event of replacement of the arbitrator, the new
arbitrator shall have the authority enjoin the total or partial
renewal of the proceedings.Â
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SECTION IV - THE PROCEEDINGS
Art.20- The
procedure
The arbitration shall be conducted pursuant
to the applicable law, except that the parties expressly request
the arbitrator to decide ex aequo et bono, the object of
the dispute allowing so under the applicable law.Â
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Art.21- Transmission of the acts
and preliminary conference
1.The Secretariat shall transmit the arbitrator the
introductory acts filed by the parties, including all attached
documents, only after the advance deposit provided for in Art. 15
of these Rules has been paid.Â
2.The arbitrator, upon receipt by the Secretariat of the
file of the proceedings and within 30 (thirty) days, shall convene
the parties to the preliminary conference, for the purposes of
organising and scheduling the subsequent proceedings and fixing the
applicable rules. Â
3.The minutes recording the preliminary conference shall
be signed by the parties or their representatives. In the event
that an arbitral tribunal has been appointed, all its members shall
sign such minutes.Â
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Art.22- Jurisdiction
Any objection as to the lack of jurisdiction
of the arbitrator shall be raised no later than the preliminary
conference provided for in Art. 21, para. 2 above, sub poena of
forfeiture. When an objection is raised as to the lack of
jurisdiction of the arbitrator, including any objection as to the
existence, effectiveness or validity of the arbitration agreement,
the arbitrator shall decide on such an objection either by interim
award or final award.Â
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Art.23- Powers of the
arbitrator
1.If the object of the dispute allows so, the arbitrator
shall attempt a mediation of the dispute, such an attempt to be
repeated at any time during the course of the arbitration. If the
parties reach a settlement, the same shall be recorded in minutes.
The parties, by submitting the relevant pleadings, may request the
arbitrator to acknowledge the settlement in the final award. If the
settlement does not cover the whole object of the dispute, the
arbitration shall continue as for the remaining questions in
dispute.Â
2.At all events, the arbitrator shall fix a period of
time, which may also be final if the circumstances require so, for
the parties to submit their defences and objections, and produce
the evidence which they should deem important.Â
3.The arbitrator shall hear the parties and admit, also
officially, the evidence which he/she may deem opportune,
respecting the principles of the debate and the right of the
parties to defence. The arbitrator shall have the authority to make
inspections and, if necessary, to appoint technical
advisors.Â
4.The arbitrator shall have the authority to take all
precautionary, urgent and interim measures, also of precursory
nature, which are not forbidden by the mandatory rules applicable
to the arbitration.Â
5.The arbitrator having to decide upon more than one
pending proceedings, may combine them according to their
connections, if the nature and status of the arbitration allows
so.Â
6.If more than one disputes are pending in the same
arbitration, the arbitrator may separate the relevant
proceedings.Â
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Art.24- Hearings, minutes and
notices
1.Unless the parties have otherwise agreed, the
arbitrator shall notify them of the date of the hearing in writing
and duly in advance.Â
2.If one of the parties, duly notified under these
Rules, fails to appear at the hearing without showing sufficient
cause for such a failure, the arbitrator shall have the authority
to proceed with the hearing. If the notice is deemed irregular, the
arbitrator shall give the parties a new notice.Â
3.Any hearing and activity performed by the arbitrator
shall be duly recorded in minutes, copies whereof shall be
transmitted from time to time to the parties and the Secretariat.
At the closing of the arbitration, the originals of the minutes
shall remain with the Chamber of Arbitration.Â
4.The Secretariat shall give prompt notice to the
parties of any acts relating to the arbitration.Â
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Art.25- Orders
1.The arbitrator, subject to the provisions regulating
the rendering of the award, shall have the authority to issue
orders, also precautionary, if allowed so under the applicable
law.Â
2.The orders shall be issued by the majority of the
arbitrators. No personal meeting of the arbitrators shall be
necessary.Â
3.The orders shall be in writing and shall be signed
even by the sole President of the arbitral tribunal.Â
4.The orders shall be revocable.Â
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Art.26- Default
1.If the defendant fails to appear, without prejudice to
the provisions contained in Art. 1, para. 3 above, the arbitrator
to be appointed by such a party shall be appointed by the
Appointing Authority, and he/she shall proceed with the arbitration
by default.Â
2.If the defendant appears but fails to appoint the
arbitrator, and in the event that the arbitration cannot be decided
by a sole arbitrator, the party's arbitrator shall be appointed by
the Appointing Authority.Â
3.If, within the period of time fixed by the
arbitrator,Â
a. one of the parties fails to perform its procedural
activities under these Rules, without showing sufficient cause for
such a failure, the arbitrator shall issue an order to proceed with
the arbitration;Â
b.one of the
parties, duly notified under these Rules, fails to appear at a
hearing without showing sufficient cause for such a failure, the
arbitrator shall have the authority to proceed with the
arbitration;Â
c. one of the parties, duly invited to produce
documentary evidence, fails to do so within the established period
of time without showing sufficient cause for such a failure, the
arbitrator shall have the authority to render the award on the
evidence before him/her.Â
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Art.27- Evidence
1.The arbitrator shall examine the parties and admit,
officially or upon request by the parties, the evidence which are
not excluded by the mandatory rules applicable to the arbitration
or the merits of the dispute.Â
2.The arbitrator shall freely evaluate the evidence,
except for the evidence having legal efficacy according to the
mandatory rules applicable to the arbitration or the merits of the
dispute.Â
3.The arbitrator shall admit evidence directly, subject
to the authority of the arbitral tribunal to appoint one of its
members to direct admission.Â
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Art.28- Technical
advice
1.The arbitrator may officially appoint one or more
technical advisors or he/she may delegate such an appointment to
the Chamber of Arbitration.Â
2.The official technical advisor shall be subject to the
same obligations provided for the arbitrators by these Rules, and
he/she may be subject to the challenge procedure.Â
3.The official technical advisor shall allow the parties
to assist to his/her technical activities, either directly or
through their counsels.Â
4.If technical advisors are appointed officially, the
parties shall be entitled to appoint party technical advisors. The
activities performed by the technical advisor in the presence of
party technical advisors shall be deemed to have been performed in
the presence of the parties.Â
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Art.29- New claims
1.The arbitrator shall decide upon the merits of new
claims raised by the parties in the course of the arbitration,
under one of the following conditions:Â
a. the party against which the claim has been raised
declares to accept the cross-examination or does not raise any
objections as to admissibility, prior to any defence on the
merits;Â
b.the new claim is
objectively connected to one of the claims already referred to
arbitration.Â
2.At all events, the arbitrator shall guarantee the
cross-examination with respect to the new claims.Â
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Art.30- Settlement composition
and waiver
The parties or their counsels shall notify
the Secretariat of any waiver following a settlement or for any
other motive, thus exonerating the arbitrator, if already
appointed, from the obligation to render an award.Â
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Art.31- Confidentiality of the
disclosures made during the arbitration
Any documentary or other evidence given by a
party or a witness in the course of the arbitration shall be
treated as confidential. To the extent that evidence relate to
information that are not in the public domain, such information
shall not be used or disclosed to any third party for any purpose
whatsoever, without the prior consent of the parties or an order by
the competent Court.Â
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Art.32- Arbitral
award
1.The arbitrator shall render the award not later than
180 (one hundred eighty) days from the acceptance of the
appointment as a sole arbitrator, or from the establishment of the
arbitral tribunal. Beside the final award, the arbitrator shall
have the authority to render interim awards or partial awards, also
precautionary, if allowed so by the applicable law. The arbitrator
may subject the enforcement of interim awards or precautionary
awards to adequate guarantees by the parties requesting the
precautionary measures.Â
2.The award shall be rendered in writing by the sole
arbitrator, or the arbitral tribunal by a majority of the
arbitrators meeting personally.Â
As to questions of procedure, the decisions
shall be made autonomously by the President of the arbitral
tribunal, if expressly authorized by the arbitral
tribunal.Â
3.The award shall be signed by the sole arbitrator or by
each member of the arbitral tribunal, also in different times and
places, provided, however, that each signature is accompanied by
the date when and the place where the signature was
affixed.Â
If one of the members of the arbitral
tribunal does not want to or cannot sign the award, the award shall
expressly state the motives for the absence of the
signature.Â
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Art.33- Contents of the
award
1.The award, to be rendered in writing, shall rule upon
all the claims raised by the parties, by giving adequate and
satisfactory explanation of the decisions.Â
2.The award shall contain:Â
a. the particulars regarding the parties and their
counsels;Â
b.the reference to
the arbitration agreement and the claims raised by the
parties;Â
c. the motives for the decision;Â
d.the
decision;Â
e. the particulars regarding the place of arbitration or
the place where and the modalities how the award was
rendered;Â
f.  the signatures of all the arbitrators and the date
when such signatures were affixed;Â
g. the amount of the costs of the arbitration and the
distribution of the relevant payments between the
parties.Â
3.The arbitrator shall file the award with the
Secretariat, in a number of originals as the number of the parties
plus one which shall remain filed with the Chamber of
Arbitration.Â
The Secretariat shall transmit the award to
each party, via registered letter with return receipt, within 10
(ten) days from the submission.Â
4.The transmission of the award under para. 3 above
shall be subject to the payment of the costs of arbitration
specified in Art. 35 of these Rules.Â
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Art.34- Extension of periods of
time
The Board of Arbitration may extend the
period of time stated under Art. 32, para. 1 above, by 90 (ninety)
days, upon a motivated request by the arbitrator, in the event that
a partial award is issued, that the matter in dispute is complex or
requires in-depth pre-trial investigation and, at all events, under
serious circumstances or upon joint application by the
parties.Â
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Art.35- Payment of the costs of
arbitration
1.The payment of the costs of arbitration shall
include:Â
a. the arbitrators' fees and expenses, to be determined
according to the attached Schedule of Fees, on the basis of the
value of the dispute, having also regard of the complexity of the
dispute, the speed of the proceedings and the activities performed
by the arbitrator. In the event that an arbitral tribunal has been
appointed, the Director may fix different fees for the members of
the arbitral tribunal and in particular for the President with
respect to the other arbitrators;Â
b.the official
technical advisors' fees and expenses;Â
c. the administrative fees determined in the attached
Schedule of Fees, which shall be paid to the Chamber of Arbitration
for administrative services.Â
2.The parties shall jointly and severally contribute to
the payment of the above costs and expenses.Â
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Art.36- Correction of the
award
1.A party may, within 30 (thirty) days from the receipt
of the award, by direct application to the arbitrator and a copy to
the Chamber of Arbitration and the other party, request to correct
any clerical, typographical or computational errors in the award.
If the arbitrator deems the request to be justified, he/she shall
make the corrections within 30 (thirty) days from the receipt of
the request. Any correction, which shall be made in a separate
memorandum signed by the arbitrator pursuant to Art. 32, para. 3 of
these Rules, shall become a part of the award.Â
2.After having heard the parties, the arbitrator may
correct any error of the type referred to in the preceding
paragraph on his/her own initiative, within 30 (thirty) days from
the date when the award was rendered.Â
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Art.37- Interpretation of the
award
Either party may, within 45 (forty-five) days
from the receipt of the award, with prior notice to the other
party, request that the arbitrator gives an interpretation of the
award.Â
The interpretation shall be given in writing
within 60 (sixty) days from the receipt of the request. The
interpretation shall form a part of the award and shall be subject
to the provisions of Art. 32, paras. 2 and 3 of these
Rules.Â
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SECTION VI - INTERNATIONAL
ARBITRATION
Art.38- International
Arbitration
1.The Chamber of Arbitration may administer
international arbitrations under these Rules, if at date of the
subscription by the parties of the arbitration clause or agreement
at least one the parties had its residence or registered offices
abroad, or when a relevant part of the activities to be performed
under the relationship in dispute is performed abroad.Â
2.International arbitrations shall be governed by
Sections I to V and VII of these Rules, unless otherwise agreed by
the parties, and subject to the provisions contained in this
Section VI.Â
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Art.39 - Language of the
arbitration
1.The parties shall indicate the language of the
arbitration in the request for arbitration and the answer to the
request. The parties failing to do so, the language of the
arbitration shall be indicated by the arbitrator, having regard to
the language of the contract concluded by the parties in dispute
and used by the parties in the course of their relationship, with
particular reference to the correspondence exchanged between
them.Â
2.The arbitrator may authorize the submission of
documents in a language other than the language of the arbitration,
and may order that the documents be translated in the language of
the arbitration.Â
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Art.40- Law applicable to the
merits
1.The parties shall be free to agree upon the law
applicable to the merits of the dispute.Â
2.The parties failing to reach such an agreement, the
arbitrator shall apply the law with which the contract has the
closest connection.Â
3.The arbitrator shall decide ex aequo et bono
only upon written agreement between the parties.Â
4.At all events, the arbitrator shall take account of
common business practices.Â
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Art.41- Rules governing the
proceedings
1.The period of time fixed for the submissions of any
written statement shall not exceed 45 (forty-five) days. However,
the arbitrator may extend such a period of time if he/she concludes
that an extension is justified.Â
2.The arbitrator shall fix the number, dates, time and
place of the hearings. The hearings shall be attended by the
parties' representatives and the arbitrators, with the exclusion of
any third parties, except that interpreters or typists have been
admitted by the arbitrator upon a justified request of a party. The
costs of interpretation, transcription or tape/video recording
shall be at the charge of the party requesting such services, and
procurement of these services shall be made by the
Secretariat.Â
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Art.42- Nationality of the
President of the arbitral tribunal
If the parties are resident or have their
registered offices in different countries, the President of the
arbitral tribunal shall be appointed by the Court of Arbitration
among the nationals of a third country, unless otherwise agreed by
the parties or decided by the Court of Arbitration for the purposes
of speed of the arbitration.Â
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Art.43- Closing of the
proceedings
1.The arbitrator, when he/she deems that a decision is
ready to be made on the dispute, shall declare the proceedings
closed and minutes thereof shall be recorded fixing a time limit
for final submissions, if the parties submit the relevant request
or waive any further debate.Â
2.The arbitrator shall have the authority to re-open the
proceedings at any time before the award is rendered, if he/she
considers it necessary owing to exceptional circumstances, on
his/her own motion or upon application by the parties.Â
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Art.44- Arbitral
award
The arbitrator shall render the award not
later than 60 (sixty) days from the date of the closing of the
proceedings, or, if the debate has been waived, from the date of
the submission of the final statements.Â
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Art.45- Extension of periods of
time
The Court of Arbitration may, unless
otherwise agreed by the parties, extend the period of time stated
under Art. 44, by 90 (ninety) days, upon a motivated request of the
arbitrator, in the event that a partial award is issued, that the
matter in dispute is complex and, at all events, under serious
circumstances or upon joint application by the parties.Â
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SECTION VII - EXPEDITED
PROCEDURE
Art.46- The
procedure
1.The expedited procedure shall apply to an arbitration
where the disputed amount does not exceed Euro 100.000 (one hundred
thousand). The expedited procedure shall be ruled by the provisions
contained in this Section VII, unless otherwise agreed by the
parties.Â
2.The parties shall accept all notices from the Board or
the Court of Arbitration by telephone. Such notices shall be
subsequently confirmed in writing to the parties, also by fax or
telegram. The procedure shall be deemed valid if the notices have
been made by telephone and the relevant written confirmations have
been sent to the receiver via registered mail, by fax, telegram or
any other electronic means enabling the identification of the
sender.Â
3.If the value of the request for arbitration, including
the counterclaims, does not exceed Euro 100.000 (one hundred
thousand), interests and costs of arbitration excluded, the Board
or the Court of Arbitration shall appoint a sole
arbitrator.Â
4.The appointment of the arbitrator shall be
communicated to the parties by telephone and confirmed in writing.
The appointed arbitrator may be challenged for the motives and
pursuant to the terms established in Art. 18 of these
Rules.Â
Within 10 (ten) days from the notice of
appointment, the parties shall inform the Board or the Court of
Arbitration of any objections against the appointed arbitrator, by
telephone or any other electronic means. Any objections against the
arbitrator shall be confirmed by the challenging party in writing
to the Board or the Court of Arbitration, also by fax or any other
electronic means enabling the identification of the sender. A copy
of such a notice shall be sent to the other party or parties who
shall be entitled to comment.Â
5.The proceedings shall be generally completed within
one day. If the dispute cannot be settled on the basis of the
submitted documents, or for good cause shown, the arbitrator may
fix another hearing to be held within the following 20 (twenty)
days.Â
6.Unless otherwise agreed by the parties, the arbitral
award shall be rendered not later than fifteen (15) working days
from the closing of the proceedings.Â
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SECTION VIII - OTHER PROCEEDINGS
Art.47- Mediation
1.The parties may request the appointment of a mediator
for the amicable settlement of any dispute between them.Â
2.The request shall contain the particulars for the
identification of the parties and their representatives, if
appointed, as well as a description of the nature and object of the
dispute. All relevant documents shall be attached to the request,
if they are mentioned therein and are useful for the comprehension
of the matter in dispute.Â
3.The request may be submitted by the parties
jointly.Â
4.The Secretariat shall notify the other party that a
request for mediation has been submitted and, if that party refuses
or does not subscribe to such a request within 45 (forty-five) days
from the receipt, the Secretariat shall discharge the
proceedings.Â
5.If the party to which the request for mediation has
been notified accepts, or in the event of a joint request, the
mediator shall be appointed within 10 (ten) days from the notice of
the acceptance or the submission of the joint request.Â
6.The mediator shall be appointed by the Board of
Arbitration, preferably from the Roll of mediators of the Office of
Arbitration and Mediation at the Venice Chamber of
Commerce.Â
7.The costs of mediation, to be determined according to
the attached Schedule of Fees, shall be paid by each party before
commencement of the mediation. The parties failing to make such a
payment, the Secretariat shall stay the proceedings.Â
8.The mediation proceedings shall be free in form,
without prejudice to the respect of the principle of the debate,
shall be conducted mainly verbally, and shall be generally closed
in one single conference.Â
9.The mediator shall hear the parties jointly and
separately and, at the closing of the conference, shall record and
sign together with the parties the minutes declaring that a
settlement has been reached or that a mediation is not possible. In
the event that a settlement is reached, the same shall be
reproduced in a separate written document signed by the parties
only.Â
10.The mediator shall issue the minutes in a number of
originals as the number of the parties plus one which shall remain
filed with the Chamber of Arbitration.Â
11.The minutes of the mediation shall be enforceable
against the parties if the applicable law provides so.Â
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Art.48- Arbitrage
1.The parties may request, also jointly, the appointment
of one or more arbitrageurs having the task of determining the
contents of a contractual provision.Â
2.The request, to be addressed to the Secretariat, shall
contain the particulars for the identification of the parties and
their representatives, if appointed, as well as a description of
the nature and object of the dispute, and a specific indication of
the contractual provision whose contents are to be determined, and
of those connected to it.Â
3.The arbitrageur or the members of the panel of
arbitrageurs shall be appointed by the Appointing Authority
identified in Art. 16 of these Rules.Â
4.These Rules shall apply to the arbitrage, to the
extent they are consistent with it, and unless otherwise agree by
the parties.Â
5.The arbitrage shall be closed within 180 (one hundred
eighty) days from the appointment of the arbitrageur.Â
6.If so provided for in the deeds of incorporation of a
partnership or a limited liability company, the settlement of
disputes regarding business management shall be referred to one or
more arbitrageurs appointed by the Board of Arbitration.Â
The Board of Arbitration, if so provided for
in the deeds of incorporation, shall appoint a panel of
arbitrageurs to which any objection on the decision shall be
submitted, under the terms and the conditions set forth in the
deeds of incorporation. The deeds failing to provide so, the Board
of Arbitration shall appoint a panel of three arbitrageurs who
shall respect the period of time set forth in the preceding para.
5.Â
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Art.49- Contractual
expertise
1.The parties may request, also jointly, the appointment
of an expert, having the task of making an expertise.Â
2.The request shall contain the particulars for the
identification of the parties and of their representatives, if
appointed, as well as a description of the nature and object of the
dispute, all relevant documents, and the specification of the
object of the expertise.Â
3.The request for expertise submitted by a party shall
be transmitted by the Secretariat to the other party within 10
(ten) days from the receipt. The respondent may accept the request
either by written notice to the Secretariat or by a statement of
defence and counterclaims to be filed with the Secretariat within
10 (ten) days.Â
4.Failure by the respondent to accept the request shall
not affect the validity of the proceedings.Â
5.The expert shall be appointed by the Appointing
Authority identified in Art. 16 of these Rules among individuals
meeting the requisites and having the qualifications to make the
requested expertise.Â
6.The expertise shall be made within 60 (sixty) days
from the appointment of the expert.Â
7.The expertise shall be filed in original with the
Secretariat which, within 10 (ten) days, shall inform the parties
of the effected expertise, and of the amount of the costs of the
activity performed by the expert, according to the attached
Schedule of Fees.Â
8.The transmission of the copy of the expertise to
either party shall be subject to the payment by the parties of the
above mentioned costs.Â
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SECTION IX - MISCELLANEA
Art.50- Transitional
provisions
1.These Rules substitute the VENCA Rules of Arbitration,
adopted by the Court of Arbitration of the VENCA Foundation on July
2, 1998.Â
2.Disputes to be referred to the VENCA Rules of
Arbitration shall be administered by the Venice Chamber of
Arbitration under the VENCA Rules of Arbitration prevailing at the
time when the parties subscribed the arbitration agreement. In such
an event, any reference contained in the VENCA Rules of Arbitration
of July 2, 1998 to the Secretariat is to be intended as referring
to the Secretariat of the Venice Chamber of Arbitration.Â
3.Para. 2 of this Article shall no longer be in force
after 3 (three) years from approval of the Bylaws of the Venice
Chamber of Arbitration.Â
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SCHEDULE OF FEES OF THE VENICE CHAMBER OF
NATIONAL AND INTERNATIONAL ARBITRATION (VENCA) FOR NATIONAL AND
INTERNATIONAL ARBITRATION
 Â
Registration fee: € 100,00Â
Fee for the sole appointment of the
Arbitral Tribunal: €
100,00Â
Administrative
fees: 1% of the value of the
dispute, to be paid by the parties jointly and
severally.Â
Other costs (mail, facsimile
transmissions, copies, etc.): to
be paid against the relevant detailed request by the
Secretariat.Â
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ARBITRATORS' FEES
VALUE OF THE DISPUTEÂ
|
1 ARBITRATORÂ
|
ARBITRAL TRIBUNALÂ
|
 Â
|
 Â
|
 Â
|
 Â
|
minimum €Â
|
maximum €Â
|
minimum €Â
|
maximum €Â
|
Up to €Â
|
 Â
|
 Â
|
25.800,00Â
|
600,00Â Â
|
1.340,00Â Â
|
1.550,00Â Â Â
|
3.500,00Â Â Â
|
da €Â
|
25.800,01Â
|
a €Â
|
51.645,00Â
|
1.240,00Â Â
|
2.065,00Â Â
|
3.100,00Â Â Â
|
5.165,00Â Â Â
|
da €Â
|
51.645,01Â
|
a €Â
|
103.290,00Â Â
|
2.065,00Â Â
|
3.615,00Â Â
|
5.165,00Â Â Â
|
9.295,00Â Â Â
|
da €Â
|
103.290,01Â Â
|
a €Â
|
258.230,00Â Â
|
3.615,00Â Â
|
6.195,00Â Â
|
9.295,00Â Â Â
|
18.075,00Â Â Â
|
da €Â
|
258.230,01Â Â
|
a €Â
|
516.456,00Â Â
|
6.195,00Â Â Â
|
18.075,00Â Â
|
15.490,00Â Â Â
|
41.315,00Â Â Â
|
da €Â
|
516.455,01Â Â
|
a €Â
|
2.582.280,00Â Â
|
10.330,00Â Â Â
|
36.150,00Â Â
|
25.820,00Â Â Â
|
87.795,00Â Â Â
|
da €Â
|
2.582.280,01Â Â
|
a €Â
|
5.164.568,00Â Â
|
12.910,00Â Â Â
|
61.970,00Â Â
|
33.570,00Â Â Â
|
118.785,00Â Â Â
|
oltre €Â
|
5.164.568,00Â Â
|
 Â
|
 Â
|
20.670,00Â Â Â
|
61.975,00Â Â
|
46.480,00Â Â Â
|
118.785,00Â Â Â
|
 Â
|
 Â
|
 Â
|
 Â
|
 Â
|
+ 0,5% on the amount exceeding. €
5.164.568,00Â
|
 Â
|
+ 1% on the amount exceeding
 € 5.164.568,00Â
|
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If the value of the dispute is
unascertainable, the applicable fees shall be the those referring
to the bracket € 25.800,00 to € 51.600,00 if the dispute is deemed
of moderate value. The fees shall increase up to three times, if
the dispute is deemed of high value or very complex. The
administrative fees shall in these cases amount to € 350,00 if the
dispute is deemed of moderate value and to € 1.000,00 if the
dispute is deemed of high value or very complex.Â
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SCHEDULE OF FEES FOR MEDIATION
SERVICES
VALUE OF THE
DISPUTEÂ
|
COSTS FOR EACH
PARTYÂ
|
MEDIATORS' FEESÂ
|
up to € 1.000Â
|
€ 40Â
|
€ 60Â
|
from € 1.001 to € 5.000Â
|
€ 100,00Â
|
€ 120,00Â
|
from € 5.001 to € 10.000Â
|
€ 200,00Â
|
€ 240,00Â
|
from € 10.001 to € 25.000Â
|
€ 300,00Â
|
€ 360,00Â
|
from € 25.001 to € 50.000Â
|
€ 500,00Â
|
€ 600,00Â
|
from € 50.001 to € 250.000Â
|
€ 1.000,00Â
|
€ 1.200,00Â
|
from € 250.001 to € 500.000Â
|
€ 2.000,00Â
|
€ 2.400,00Â
|
from € 500.001 to € 2.500.000Â
|
€ 4.000,00Â
|
€ 4.800,00Â
|
over € 2.500.001Â
|
€ 6.000,00Â
|
€ 7.200,00Â
|
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