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APPENDIX II SCHEDULE OF ARBITRATION FEES AND COSTS

APPENDIX II SCHEDULE OF ARBITRATION FEES AND COSTS (All amounts in this Appendix are in euros, hereinafter ”EUR”)

52

1.

FILING FEE

1.1

A Filing Fee of EUR 3,000 must be paid upon filing a Request for Arbitration, any counterclaim or set-off claim pursuant to Article 8 of the Rules and any Request for Joinder pursuant to Article 11 of the Rules.

1.2

The Filing Fee is non-refundable and constitutes a part of the Administrative Fee referred to in Article 3 below. The Filing Fee shall be credited to the respective party’s share of the advance on costs referred to in Article 2 below. If the Board dismisses a Request for Joinder made under Article 11 of the Rules, the Filing Fee paid upon filing the Request for Joinder shall not be credited as a part of the Administrative Fee nor shall it be taken into account in the advance on costs.

1.3

The payment of the Filing Fee shall be made by transfer to the bank account of the Finland Chamber of Commerce.

2.

ADVANCE ON COSTS FIXED BY THE INSTITUTE

2.1

The advance on costs fixed by the Institute is intended to cover the fees and expenses referred to in Article 49.2 (a)–(d).

2.2

In fixing the advance on costs, the Institute shall take into consideration Tables A and B below. The amount in dispute referred to in the Tables shall be determined in accordance with the following:

(a)

The amount in dispute is calculated as the aggregate value of all claims. If secondary or alternative claims have been made in respect to a certain claim, the value of the highest monetary claim shall be taken into account in determining the amount in dispute.

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Arbitration Rules of the Finland Chamber of Commerce 2020  

Arbitration Rules of the Finland Chamber of Commerce 2020