BCICAC :: Arbitration Clause under BCICAC International Rules

Arbitration Clause under BCICAC International Rules

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Arbitration Clause under BCICAC International Rules

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MODEL ARBITRATION CLAUSE FOR INTERNATIONAL CONTRACTS

Parties who agree to arbitrate under the BCICAC Rules, and to have the BCICAC act as appointing authority to provide administrative services, may use the following clause:

"All disputes arising out of or in connection with this contract, or in respect of any defined legal relationship associated therewith or derived therefrom, shall be referred to and finally resolved by arbitration under the International Commercial Arbitration Rules of Procedure of the British Columbia International Commercial Arbitration Centre.

The appointing authority shall be the British Columbia International Commercial Arbitration Centre.

The case shall be administered by the British Columbia International Commercial Arbitration Centre in accordance with its Rules.

The place of arbitration shall be Vancouver, British Columbia, Canada."

The following matter also should be considered by parties for inclusion in the arbitration provisions of contracts:

governing or proper law;
procedural law;
number of arbitrators;
specific qualifications of the arbitrators or a presiding arbitrator including, but not limited to, language, technical training;
language or languages of the arbitration.