Preparation of the Award
The award (including any individual or dissenting opinion) shall be drawn
up and signed within 120 days after closure of the proceeding. The Tribunal
may, however, extend this period by a further 60 days if it would otherwise
be unable to draw up the award.
(1) The award shall be in writing and shall contain:
(a) a precise designation of each party;
(b) a statement that the Tribunal was established under the Convention,
and a description of the method of its constitution;
(c) the name of each member of the Tribunal, and an identification
of the appointing authority of each;
(d) the names of the agents, counsel and advocates of the parties;
(e) the dates and place of the sittings of the Tribunal;
(f) a summary of the proceeding;
(g) a statement of the facts as found by the Tribunal;
(h) the submissions of the parties;
(i) the decision of the Tribunal on every question submitted to it,
together with the reasons upon which the decision is based; and
(j) any decision of the Tribunal regarding the cost of the proceeding.
(2) The award shall be signed by the members of the Tribunal who voted
for it; the date of each signature shall be indicated.
(3) Any member of the Tribunal may attach his individual opinion to the
award, whether he dissents from the majority or not, or a statement of
Rendering of the Award
(1) Upon signature by the last arbitrator to sign, the Secretary-General shall promptly:
(a) authenticate the original text of the award and deposit it in the archives of the Centre, together with any individual opinions and statements of dissent; and
(b) dispatch a certified copy of the award (including individual opinions and statements of dissent) to each party, indicating the date of dispatch on the original text and on all copies.
Supplementary Decisions and Rectification
(1) Within 45 days after the date on which the award was rendered, either
party may request, pursuant to Article 49(2) of the Convention, a supplementary
decision on, or the rectification of, the award. Such a request shall
be addressed in writing to the Secretary-General. The request shall:
(a) identify the award to which it relates;
(b) indicate the date of the request;
(c) state in detail:
(i) any question which, in the opinion of the requesting party, the
Tribunal omitted to decide in the award; and
(ii) any error in the award which the requesting party seeks to have
(d) be accompanied by a fee for lodging the request.
(2) Upon receipt of the request and of the lodging fee, the Secretary-General
(a) register the request;
(b) notify the parties of the registration;
(c) transmit to the other party a copy of the request and of any accompanying
(d) transmit to each member of the Tribunal a copy of the notice of
registration, together with a copy of the request and of any accompanying
(3) The President of the Tribunal shall consult the members on whether
it is necessary for the Tribunal to meet in order to consider the request.
The Tribunal shall fix a time limit for the parties to file their observations
on the request and shall determine the procedure for its consideration.
(4) Rules 46-48 shall apply, mutatis mutandis, to any decision
of the Tribunal pursuant to this Rule.
(5) If a request is received by the Secretary-General more than 45 days
after the award was rendered, he shall refuse to register the request
and so inform forthwith the requesting party.