Direct Costs of Individual Proceedings
(1) Unless otherwise agreed pursuant to Article 60(2) of the Convention, and in addition to receiving reimbursement for any direct expenses reasonably incurred, each member of a Commission, a Tribunal or an ad hoc Committee appointed from the Panel of Arbitrators pursuant to Article 52(3) of the Convention (hereinafter referred to as “Committee”) shall receive:
(a) a fee for each day on which he participates in meetings of the body of which he is a member;
(b) a fee for the equivalent of each eight-hour day of other work performed in connection with the proceedings;
(c) in lieu of reimbursement of subsistence expenses when away from his normal place of residence, a per diem allowance based on the allowance established from time to time for the Executive Directors of the Bank;
(d) travel expenses in connection with meetings of the body of which he is a member based on the norms established from time to time for the Executive Directors of the Bank.
The amounts of the fees referred to in paragraphs (a) and (b) above shall be determined from time to time by the Secretary-General, with the approval of the Chairman. Any request for a higher amount shall be made through the Secretary-General.
(2) All payments, including reimbursement of expenses, to the following shall in all cases be made by the Centre and not by or through either party to the proceeding:
(a) members of Commissions, Tribunals and Committees;
(b) witnesses and experts summoned at the initiative of a Commission, Tribunal or Committee, and not of one of the parties;
(c) members of the Secretariat of the Centre, including persons (such as interpreters, translators, reporters or secretaries) especially engaged by the Centre for a particular proceeding;
(d) the host of any proceeding held away from the seat of the Centre pursuant to Article 63 of the Convention.
(3) In order to enable the Centre to make the payments provided for in paragraph (2), as well as to incur other direct expenses in connection with a proceeding (other than expenses covered by Regulation 15):
(a) the parties shall make advance payments to the Centre as follows:
(i) initially as soon as a Commission or Tribunal has been constituted, the Secretary-General shall, after consultation with the President of the body in question and, as far as possible, the parties, estimate the expenses that will be incurred by the Centre during the next three to six months and request the parties to make an advance payment of this amount;
(ii) if at any time the Secretary-General determines, after consultation with the President of the body in question and as far as possible the parties, that the advances made by the parties will not cover a revised estimate of expenses for the period or any subsequent period, he shall request the parties to make supplementary advance payments.
(b) the Centre shall not be required to provide any service in connection with a proceeding or to pay the fees, allowances or expenses of the members of any Commission, Tribunal or Committee, unless sufficient advance payments shall previously have been made;
(c) if the initial advance payments are insufficient to cover estimated future expenses, prior to requesting the parties to make additional advance payments, the Secretary-General shall ascertain the actual expenses incurred and commitments entered into by the Centre with regard to each proceeding and shall appropriately charge or credit the parties;
(d) in connection with every conciliation proceeding, and in connection with every arbitration proceeding unless a different division is provided for in the Arbitration Rules or is decided by the parties or the Tribunal, each party shall pay one half of each advance or supplemental charge, without prejudice to the final decision on the payment of the cost of an arbitration proceeding to be made by the Tribunal pursuant to Article 61(2) of the Convention. All advances and charges shall be payable, at the place and in the currencies specified by the Secretary-General, as soon as a request for payment is made by him. If the amounts requested are not paid in full within 30 days, then the Secretary-General shall inform both parties of the default and give an opportunity to either of them to make the required payment. At any time 15 days after such information is sent by the Secretary-General, he may move that the Commission or Tribunal stay the proceeding, if by the date of such motion any part of the required payment is still outstanding. If any proceeding is stayed for non-payment for a consecutive period in excess of six months, the Secretary-General may, after notice to and as far as possible in consultation with the parties, move that the competent body discontinue the proceeding;
(e) in the event that an application for annulment of an award is registered, the above provisions of this Rule shall apply mutatis mutandis, except that the applicant shall be solely responsible for making the advance payments requested by the Secretary-General to cover expenses following the constitution of the Committee, and without prejudice to the right of the Committee in accordance with Article 52(4) of the Convention to decide how and by whom expenses incurred in connection with the annulment proceeding shall be paid.
Special Services to Parties
(1) The Centre shall only perform any special service for a party in
connection with a proceeding (for example, the provision of translations
or copies) if the party shall in advance have deposited an amount sufficient
to cover the charge for such service.
(2) Charges for special services shall normally be based on a schedule
of fees to be promulgated from time to time by the Secretary-General and
communicated by him to all Contracting States as well as to the parties
to all pending proceedings.
Fee for Lodging Requests
The party or parties (if a request is made jointly) wishing to institute
a conciliation or arbitration proceeding, requesting a supplementary decision
to, or the rectification, interpretation, revision or annulment of an
arbitral award, or requesting resubmission of a dispute to a new Tribunal
after the annulment of an arbitral award, shall pay to the Centre a non-refundable
fee determined from time to time by the Secretary-General.
(1) The fiscal year of the Centre shall run from July 1 of each year
to June 30 of the following year.
(2) Before the end of each fiscal year the Secretary-General shall prepare
and submit, for adoption by the Administrative Council at its next Annual
Meeting and in accordance with Article 6(1)(f) of the Convention, a budget
for the following fiscal year. This budget is to indicate the expected
expenditures of the Centre (excepting those to be incurred on a reimbursable
basis) and the expected revenues (excepting reimbursements).
(3) If, during the course of a fiscal year, the Secretary-General determines
that the expected expenditures will exceed those authorized in the budget,
or if he should wish to incur expenditures not previously authorized,
he shall, in consultation with the Chairman, prepare a supplementary budget,
which he shall submit to the Administrative Council for adoption, either
at the Annual Meeting or at any other meeting, or in accordance with Regulation
(4) The adoption of a budget constitutes authority for the Secretary-General
to make expenditures and incur obligations for the purposes and within
the limits specified in the budget. Unless otherwise provided by the Administrative
Council, the Secretary-General may exceed the amount specified for any
given budget item, provided that the total amount of the budget is not
(5) Pending the adoption of the budget by the Administrative Council,
the Secretary-General may incur expenditures for the purposes and within
the limits specified in the budget he submitted to the Council, up to
one quarter of the amount authorized to be expended in the previous fiscal
year but in no event exceeding the amount that the Bank has agreed to
make available for the current fiscal year.
Assessment of Contributions
(1) Any excess of expected expenditures over expected revenues shall
be assessed on the Contracting States. Each State that is not a member
of the Bank shall be assessed a fraction of the total assessment equal
to the fraction of the budget of the International Court of Justice that
it would have to bear if that budget were divided only among the Contracting
States in proportion to the then current scale of contributions applicable
to the budget of the Court; the balance of the total assessment shall
be divided among the Contracting States that are members of the Bank in
proportion to their respective subscription to the capital stock of the
Bank. The assessments shall be calculated by the Secretary-General immediately
after the adoption of the annual budget, on the basis of the then current
membership of the Centre, and shall be promptly communicated to all Contracting
States. The assessments shall be payable as soon as they are thus communicated.
(2) On the adoption of a supplementary budget, the Secretary-General
shall immediately calculate supplementary assessments, which shall be
payable as soon as they are communicated to the Contracting States.
(3) A State which is party to the Convention during any part of a fiscal
year shall be assessed for the entire fiscal year. If a State becomes
a party to the Convention after the assessments for a given fiscal year
have been calculated, its assessment shall be calculated by the application
of the same appropriate factor as was applied in calculating the original
assessments, and no recalculation of the assessments of the other Contracting
States shall be made.
(4) If, after the close of a fiscal year, it is determined that there
is a cash surplus, such surplus shall, unless the Administrative Council
otherwise decides, be credited to the Contracting States in proportion
to the assessed contributions they had paid for that fiscal year. These
credits shall be made with respect to the assessments for the fiscal year
commencing two years after the end of the fiscal year to which the surplus
The Secretary-General shall have an audit of the accounts of the Centre
made once each year and on the basis of this audit submit a financial
statement to the Administrative Council for consideration at the Annual