Article 41
- The arbitral tribunal, on its establishment, may request each party to deposit an equal amount as an advance for the costs referred to in article 38, paragraphs (a), (b) and (c).
- During the course of the arbitral proceedings the arbitral tribunal may request supplementary deposits from the parties.
- If an appointing authority has been agreed upon by the parties or designated by the Secretary-General of the Permanent Court of Arbitration at The Hague, and when a party so requests and the appointing authority consents to perform the function, the arbitral tribunal shall fix the amounts of any deposits or supplementary deposits only after consultation with the appointing authority which may make any comments to the arbitral tribunal which it deems appropriate concerning the amount of such deposits and supplementary deposits.
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If the required deposits are not paid in full within thirty days after the receipt of the
request, the arbitral tribunal shall so inform the parties in order that one or another of them
may make the required payment. If such payment is not made, the arbitral tribunal may
order the suspension or termination of the arbitral proceedings.
5. After the award has been made, the arbitral tribunal shall render an accounting to the
parties of the deposits received and return any unexpended balance to the parties.
Further information may be obtained from:
UNCITRAL Secretariat
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E-mail: uncitral@uncitral.org