(These Rules were adopted with Minutes No. 1 by the Executive
Board of the Bulgarian Chamber of Commerce and Industry under Art.
9.(4), item 2 of the Statute of the Bulgarian Chamber of Commerce
and Industry at a session held on the 17th of January 1989. )
Art. 1
These Rules shall be applied where the parties to an
international commercial contract have included in it a clause for
arbitration "ad hoc", assisted by the Court of Arbitration at the
Bulgarian Chamber of Commerce and Industry (Art. 2 below).
Art. 2
The Bulgarian Chamber of Commerce and Industry proposes to the
parties of international commercial contracts to include the
following arbitration clause, which provides resolution of the
dispute by "ad hoc" arbitration, assisted by the Court of
Arbitration at the Bulgarian Chamber of Commerce and
Industry:
"Any disputes arising from this contract or concerning it,
including disputes arising from or concerning its interpretation,
invalidity, nonperformance or termination, shall be settled by an
arbitration in compliance with the Rules for "ad hoc" arbitration,
assisted by the Arbitration Court at the Bulgarian Chamber of
Commerce and Industry. The language to be used in the arbitration
proceedings shall be ..."
Art. 3
- The Court of Arbitration at the Bulgarian Chamber of Commerce
and Industry shall render to the "ad hoc" arbitration cooperation
for its formation as well as full administrative help and services
which shall include the following:
- forwarding (by mail or telex) the correspondence of the parties
and the arbitrators, related to the arbitration proceedings with
the exception of that sent directly;
- drawing up the minutes of the hearings;
- interpretation during the hearings;
- provision of premises for the hearings and deliberations of the
arbitrators;
- taking part in setting the date and place of the hearings and
deliberations as well and in notifying the persons concerned of the
settled date and place;
- hotel reservations for the arbitrators;
- book-keeping of the expenses in connection with the assisted
"ad hoc" arbitration;
- other kinds of assistance designated in the following articles
or considered by the "ad hoc" arbitral tribunal as necessary for
the correct holding of the proceeding.
- The aforesaid functions shall be performed by the Court of
Arbitration at the Bulgarian Chamber of Commerce and Industry with
the agreement of the "ad hoc" arbitral tribunal or of the sole
arbitrator.
- In order to facilitate the election of the arbitrators the
Court of Arbitration at the Bulgarian Chamber of Commerce and
Industry shall prepare and announce a list of persons of different
nationalities who shall possess the qualification necessary to
perform the functions of arbitrators in international commercial
cases. The parties and the arbitrators may elect for arbitrators
persons who have not been enrolled on this list.
Art. 4
- The seat of the "ad hoc" arbitration shall be in the city of
Sofia.
- The parties may agree upon the procedure for the initiation of
the "ad hoc" arbitration, for the challenge of the arbitrators and
for the hearing of the case. This agreement may be reached by
referring to the Rules of an arbitral institution chosen by both
parties.
- When no agreement exists on rules for the "ad hoc" arbitration
then the UNCITRAL Arbitration Rules shall be applied together with
the amendments ensuing from Articles 5 and 6 of the present Rules
and as per Articles 38, 39 and 41 of the UNCITRAL Arbitration
Rules, which shall be applied together with the amendments ensuing
from Articles 7 trough 16 of the present Rules.
- The provisions of Articles 7 trough 17 of the present Rules
cannot be amended by the parties.
Art. 5
- The party that commences an arbitration under the present Rules
shall have to send to the Secretariat of the Court of Arbitration
at the Bulgarian Chamber of Commerce and Industry a copy of the
request for arbitration, addressed to the other party, it shall
designate the elected arbitrator and his deputy, suppling
information about them, as well as deposit with the account of the
Court of Arbitration at the Bulgarian Chamber of Commerce and
Industry USD 250 for the preliminary administrative expenses for
the arbitration.
- In his reply the defendant shall appoint an arbitrator and a
deputy, furnishing information about them and may also raise his
counter-claim, if any. The defendant shall send the original copy
to the Court of Arbitration at the Bulgarian Chamber of Commerce
and Industry. Simultaneously with the raising of the counter-claim,
the defendant shall deposit with the account of the Court of
Arbitration at the Bulgarian Chamber of Commerce and Industry USD
250, as per the preceding subsection.
- If the preliminary payment referred to in subsections 1 and 2
is not made, the Court of Arbitration would not be obliged to
render any assistance to arbitration proceeding related to the
claim or to the counter-claim.
- The "ad hoc" arbitral tribunal shall keep contact with the
parties through the Secretary of the Court of Arbitration at the
Bulgarian Chamber of Commerce and Industry. The Secretary on his
part may delegate this function to a specially designed employee of
the Secretariat.
- The day when a letter or a document is served upon the
Secretariat of the Court of Arbitration at the Bulgarian Chamber of
Commerce and Industry, or when a registered letter is posted to the
address of the latter, shall be deemed as the date of serving it on
the "ad hoc" arbitral tribunal.
- The presiding arbitrator may agree the letters, notifications
and documents to be forwarded directly to the addressee with a copy
addressed to the Court of Arbitration at the Bulgarian Chamber of
Commerce and Industry.
- Letters, notices and documents sent through the Court of
Arbitration at the Bulgarian Chamber of Commerce and Industry shall
be delivered to the Secretary of the Court in as many copies as are
the addressees plus a copy thereof for the Court of Arbitration at
the Bulgarian Chamber of Commerce and Industry.
Art. 6
- When the defendant has not elected an arbitrator within the
time-limit of 30 days upon receipt of the request for arbitration
or 50 days when the parties have their seats in different
continents, the arbitrator shall be appointed by the Chairman of
the Court of Arbitration at the Bulgarian Chamber of Commerce and
Industry, chosen amongst persons who are not citizens or residents
of the country where the seat of the claimant is.
- When within a 30 day time-limit from the election of the second
arbitrator the arbitrators have not managed to elect a presiding
arbitrator, the latter shall be appointed the Chairman of the Court
of Arbitration at the Bulgarian Chamber of Commerce and
Industry.
- The parties may agree the presiding arbitrator to be elected
from a group of candidates nominated by the arbitrators; in such
case each one of the arbitrators shall have the rights to nominate
no more than three candidates.
- On a request by any of the parties the presiding arbitrator may
be elected by casting lots drawn by the Chairman of the Court of
Arbitration at the Bulgarian Chamber of Commerce and Industry.
Authorized representatives of both parties may be present at the
drawing. For that purpose the Secretary of the Court of Arbitration
shall inform the parties about the date on which the drawing shall
take place but not later than 15 days before this date.
- When within a 15 day time-limit from the respective request of
one of the parties the arbitrators or one of them do not nominate
candidates for presiding arbitrator, the latter shall be appointed
by the Chairman of the Court of Arbitration at the Bulgarian
Chamber of Commerce and Industry.
- When the parties have agreed on their dispute to be resolved by
a sole arbitrator but have not elected that arbitrator within a 30
day time-limit from the date of application of one of the parties
for electing a named person, the arbitrator shall be appointed by
the Chairman of the Court of Arbitration at the Bulgarian Chamber
of Commerce and Industry.
- When the Chairman of the Court of Arbitration at the Bulgarian
Chamber of Commerce and Industry appoints a presiding arbitrator or
a sole arbitrator, the appointed person must be a citizen or a
resident of a country different from the countries where the seats
of the parties are.
- The provisions of this Article shall also apply to procedures
of replacing an arbitrator, if such replacement has been envisaged
in the applicable arbitration rules.
Art. 7
- The amount of the advance payment to cover the expenses of the
proceedings shall be determined on the request of the Secretary of
the Court of Arbitration at the Bulgarian Chamber of Commerce and
Industry by the Chairman of this Court in accordance with the
provisions of Articles 8 trough 12 of the present Rules. When
determining the amount of the advance payment, the value of the
claim specified in the request for arbitration and that of the
possible counter-claim raised with the reply of the defendant shall
be taken under consideration as well as the expected expenses
connected with the arbitration proceedings. If necessary the sum of
the advance payment may be increased within the course of the
proceedings.
- Each party shall be obliged to deposit one half of the advance
payment with the Court of Arbitration at the Bulgarian Chamber of
Commerce and Industry within the time-limit determined by the
Chairman of that Court, which shall be not less than 30 days.
- When within this time-limit the defendant against whom the
principal claim or the counter-claim has been raised does not pay
his share of the advance payment this part may by paid by the
claimant within the time-limit determined by the Chairman of the
Court of Arbitration at the Bulgarian Chamber of Commerce and
Industry. When the advance has not been paid, the proceedings in
respect of the principal claim or of the counter-claim shall be
suspended and the Chairman of the Court of Arbitration at the
Bulgarian Chamber of Commerce and Industry shall grant the claimant
additional time-limit. When within this period the advance has not
been paid, the proceedings in respect of the principal claim or the
counter-claim shall be terminated.
- The file of the case shall be delivered to the arbitrators or
to the arbitrator after payment of the advance.
- The advance payments referred to in Art. 5 shall be deducted
from the administrative charges determined in accordance with Art.
11.
Art. 8
- The expenses for the arbitration proceedings shall include the
administrative charges of the Court of Arbitration at the Bulgarian
Chamber of Commerce and Industry, the arbitrators' fees determined
according to Art. 11 and 12 of the present Rules, travelling
expenses, accommodations and daily expenses of the arbitrators, as
well as the expenses for the expert reports or for the collection
of other evidence by the arbitral tribunal.
- The amount of the advance payment covering the expenses for the
appointed experts and for collecting other evidence shall be
determined by the arbitral tribunal with the consent of the
Secretary of the Court of Arbitration at the Bulgarian Chamber of
Commerce and Industry. The advance shall be paid by the party
requesting the evidence. When the expert is appointed on the
initiative of the "ad hoc" arbitral tribunal or on the request or
with the consent of both parties, then each of them shall pay one
half of the advance. In case the advance is not paid the evidence
shall not be collected.
Art. 9
The amount of the advanced payment shall be fixed in US dollars
by the Chairman of the Court of Arbitration at the Bulgarian
Chamber of Commerce and Industry on the proposal of the Secretary
of the Court. When the claim or the counter-claim are brought in
another currency the Secretary of the Court shall convert it into
US dollars according to the rate of exchange of the Bulgarian
National Bank on the day when the principal claim or the
counter-claim have been brought.
Art. 10
When the claim cannot be assessed in money, the amount of the
advance payment shall be fixed according to the circumstances and
the nature of the dispute. In such cases the arbitrator's fee shall
not be less than USD 1,000.
Art. 11
The administrative charges of the Court of Arbitration at the
Bulgarian Chamber of Commerce and Industry shall be fixed according
to the following table depending on the value of the claim, which
in the cases of a principal claim and counter-claim shall be equal
to the total amount of the value of both claims:
Value of the dispute in USD
|
|
Administrative charges in USD
|
-
|
up to 50,000
|
500
|
from 50,001
|
up to 100,000
|
500
+1.0 % for the amount over 50,000
|
from 100,001
|
up to 500,000
|
1000
+0.5 % for the amount over 100,000
|
from 500,001
|
up to 1,000,000
|
3000
+0.2 % for the amount over 500,000
|
over 1,000,000
|
-
|
4000
+0.1 % for the amount over 1,000,000 but not more than 10,000
|
Art. 12
- The arbitrators' fees shall be fixed according to the following
table with respect to the value of the dispute which in case of
principal and counter-claims shall be equal to the sum total of the
value of both claims; the fee of the presiding arbitrator shall be
30% higher:
Value of the dispute in USD
|
|
Administrative charges in USD
|
-
|
up to 50,000
|
1,000
|
from 50,001
|
up to 100,000
|
1,500
|
from 100,001
|
up to 300,000
|
2,000
|
from 300,001
|
up to 500,000
|
2,500
|
from 500,001
|
up to 1,000,000
|
4000
|
from 1,000,001
|
up to 2,000,000
|
6,000
|
over 2,000,000
|
-
|
10,000
|
- In accordance with the degree of complexity of the dispute and
the time spent for its solution the Chairman of the Court of
Arbitration at the Bulgarian Chamber of Commerce and Industry may
on the request of the presiding arbitrator or of the sole
arbitrator increase the arbitrators' fees but not more than 50%
from the amount given in the table in the previous subsection.
Art. 13
The arbitrators shall receive their fees within a 30 day
time-limit from signing the award. An arbitrator who declines to
sign the award shall lose the fee.
Art. 14
The Secretary of the Court of Arbitration at the Bulgarian
Chamber of Commerce and Industry shall on the request of the
presiding arbitrator or of the sole arbitrator submit to the latter
the account for the expenses incurred in the case. After the award
has been rendered, he shall authenticate it with his signature and
seal of the Court of Arbitration at the Bulgarian Chamber of
Commerce and Industry and shall forward it to the parties.
Art. 15
The arbitrator may ask an advance for the expenses connected
with his participation in the proceedings. The amount of the
advance shall be determined by the Chairman of the Court of
Arbitration at the Bulgarian Chamber of Commerce and Industry on
the request of the arbitrator.
Art. 16
The amount of the advance on costs which has not been spent
shall be refunded to the parties that have made the deposit. The
amount of US dollars 250 referred to in Art. 5 shall not be
refunded.
Art. 17
The Secretary of the Court of Arbitration at the Bulgarian
Chamber of Commerce and Industry nominated by the Chairman of the
Court of Arbitration in the position of secretary of the "ad hoc"
arbitration for a particular case, the short-hand secretary making
the records for the hearings of the arbitral tribunal, and the
interpreters shall receive their fees in leva according to the
tariffs and rules in force in the Republic of Bulgaria.
Art. 18
- The Court of Arbitration at the Bulgarian Chamber of Commerce
and Industry may by agreement of the parties or of the "ad hoc"
arbitral tribunal render only some of the administrative services
connected with the "ad hoc" arbitration.
- In these cases the scope of administrative services to be
rendered by the Court of Arbitration at the Bulgarian Chamber of
Commerce and Industry, as well as the amount of the administrative
charges shall be determined by the agreement referred to in the
preceding subsection.
The administrative charges, arbitrators' fees as well as the
expenses for the experts or for collecting other evidence by the
Court of Arbitration shall be deposited with the bank account of
the Court of Arbitration at the Bulgarian Chamber of Commerce and
Industry.