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DIAC News - 1 January 2011

 

Increase in the Registration and Administration Fees effective as of 1 January 2011.

As per Article (42) of the Rules and the decision of the Board of Trustees dated 4 November 2010, the Registration fees and Administrative Fees are increased as of 1 January 2011.

 “The Board of Trustees, on the bases of a proposal by the Executive Committee, may from time to time amend the provisions of the Appendix – Costs of Arbitration.”

The Registration Fees for claims and counterclaims are increased from AED 2,500 to AED 5,000 (amendments of Article 1 of the Appendix to the Rules).

 

 DIAC Table of Fees and Cost 

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