Arbitration clause model included in contracts for
settlement of disputes by arbitration of CACI's Centre for Conciliation,
Mediation and Arbitration (The Centre).
The initiation of arbitration under CACI's Arbitration
Rules, requires that the parties have expressly referred to the Centre in their
arbitration agreement (arbitration agreement or clause).
The Centre for Conciliation, Mediation and Arbitration
invites parties wishing to submit their dispute to arbitration administered
under its rules to insert the arbitration clause, below, in the contract
between them:
"All disputes arising from this contract or in
relation thereto shall be settled by arbitration under the Rules of
CACI's Centre for Conciliation, Mediation and Arbitration by an arbitrator or
three arbitrators * appointed in accordance with the said Rules "
* alternative condition to choose taking into
account the concrete circumstances of the case and among other things, its
value.
The arbitration clause proposed
by the Centre is only a model that can be used to assign any disputes to
arbitration.
The parties may also
specify in the arbitration clause:
- The law applicable to the merits of a dispute;.
- The place of the arbitration;
- The language of the arbitration.
These additional items are material if arbitration involves parties whose nationality
or whose legal headquarters are in different States, or in the event that a
significant part of the contract must be enforced abroad.
Contact
Department of Economic Research and Legal Affairs (DEEAJ)
Secretariat of the Conciliation, Mediation and
Arbitration Centre of CACI
E-mail: deeaj@caci.dz