{"id":2325,"date":"2024-06-11T11:56:03","date_gmt":"2024-06-11T11:56:03","guid":{"rendered":"https:\/\/arbitraj.chamber.md\/?page_id=2325"},"modified":"2024-07-16T20:02:58","modified_gmt":"2024-07-16T20:02:58","slug":"statute-icac","status":"publish","type":"page","link":"https:\/\/arbitraj.chamber.md\/en\/statute-icac\/","title":{"rendered":"Statute ICAC"},"content":{"rendered":"
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Print version –\u00a0ICAC Statutes<\/a><\/h4>\n

APPROVED<\/span><\/p>\n

by the Decision of the Council of the Chamber<\/span><\/p>\n

\u00a0of Commerce and Industry of the Republic of Moldova<\/span><\/p>\n

of 18.12.2020<\/span><\/p>\n

\u00a0<\/strong><\/span><\/p>\n

STATUTE<\/strong><\/span><\/p>\n

of The International Commercial Arbitration Court under the <\/strong><\/span><\/p>\n

Chamber of Commerce and Industry of the Republic of Moldova<\/strong><\/span><\/p>\n

Chapter I. GENERAL PROVISIONS. 1<\/span><\/p>\n

Article 1. The Arbitration Court. 1<\/span><\/p>\n

Chapter II. FIELD OF ACTIVITY.. 2<\/span><\/p>\n

Article 2. The powers of the Arbitration Court. 2<\/span><\/p>\n

Article 3. Types of disputes examined by the Arbitration Court. 3<\/span><\/p>\n

Chapter III. COMPOSITION OF THE ARBITRATION COURT.. 3<\/span><\/p>\n

Article 4. Arbitrators. 3<\/span><\/p>\n

Article 5. Liability of arbitrators. 4<\/span><\/p>\n

Article 6. General Assembly of arbitrators. 4<\/span><\/p>\n

Article 7. The President and Vice-Presidents of the Arbitration Court. 4<\/span><\/p>\n

Article 8. The Secretariat. 5<\/span><\/p>\n

Article 9. Arbitral tribunal. 5<\/span><\/p>\n

Chapter IV. RESOURCES. 5<\/span><\/p>\n

Article 10. Arbitration costs. 5<\/span><\/p>\n

Article 11. Record of financial means. 5<\/span><\/p>\n

Chapter V. FINAL PROVISIONS. 5<\/span><\/p>\n

Article 12. Common provisions. 5<\/span><\/p>\n

Article 13. The storage of the file. 6<\/span><\/p>\n

Article 14. Annexes. 6<\/span><\/p>\n

<\/a>Chapter I. GENERAL PROVISIONS<\/strong><\/span><\/h4>\n

<\/a>Article 1. The Arbitration<\/strong> Court<\/strong><\/span><\/h4>\n

(1) The International Commercial Arbitration Court attached to the Chamber of Commerce and Industry of the Republic of Moldova (hereinafter – Arbitration Court) is a permanent arbitral institution, non-governmental, without legal personality, independent in the exercise of its powers, which is organized and operates in accordance with the Law No. 393-XIV as of 13.05.1999<\/a> on the Chamber of Commerce and Industry of the Republic of Moldova (published in Monitorul Oficial, No. 73-77 \/ 343 of 15.07.1999), Law No. 23-XVI of 22.02.08<\/a> on arbitration (published in Monitorul Oficial, No. 88-89 of 20.05.08), Law No. 24-XVI of 22.02.08<\/a> on international commercial arbitration (published in Monitorul Oficial, No. 88-89 of 20.05.08), as subsequently amended and supplemented, with the international acts to which the Republic of Moldova is party, this Statute, the Regulations and Rules of Procedure of the Arbitration Court.<\/span><\/p>\n

(2) The Arbitration Court shall have the task of organizing domestic and international arbitration, as well as other alternative means of resolving civil and commercial disputes.<\/span><\/p>\n

(3) The organization and administration of an arbitration process by the Arbitration Court and the settlement of disputes by the constituted arbitral tribunal shall be governed by the Rules of the Arbitration Court, which shall be supplemented if necessary, by the provisions of international law applicable to the case, as well as the Civil Procedure Code of the Republic of Moldova insofar as they are compatible with arbitration.<\/span><\/p>\n

(4) The Chamber of Commerce and Industry of the Republic of Moldova approves the Statute, the Regulations and the procedural Rules of the Arbitration Court, the Regulations on arbitration fees and expenses, the List of arbitrators (see annexes), provides the office and proper material conditions for the activity of the Arbitration Court and the arbitral tribunals, and shall take other measures to promote the Arbitration Court.<\/span><\/p>\n

(5) The Chamber of Commerce and Industry shall not have the right to intervene in the process of organization and administration of arbitration by the Arbitration Court or to influence in any way the arbitral tribunal in the process of dispute settlement.<\/span><\/p>\n

(6) The General Assembly of Arbitrators which are included in the List of Arbitrators, the President and Vice-Presidents of the Arbitration Court, as well as the Secretariat of the Arbitration Court shall operate within the Arbitration Court.<\/span><\/p>\n

(7) The Arbitration Court shall have a seal with the full name in the state language and in English.<\/span><\/p>\n

(8) The seat of the Arbitration Court is in Boulevard Stefan cel Mare si Sfint, No. 151, Chisinau municipality, Republic of Moldova.<\/span><\/p>\n

<\/a>Chapter II. FIELD OF ACTIVITY<\/strong><\/span><\/h4>\n

<\/a>Article 2. The duties of the Arbitration Court<\/strong><\/span><\/h4>\n

The Arbitration Court shall perform the following duties:<\/span><\/p>\n

    \n
  1. organizes and administers the settlement through arbitration of domestic and international commercial and civil disputes under the conditions provided by the Law No. 23-XVI of 22.02.08<\/a> on arbitration, Law No. 24-XVI of 22.02.08<\/a> on international commercial arbitration, the Code of Civil Procedure of the Republic of Moldova and the international conventions to which the Republic of Moldova is party, if the parties to the dispute have concluded an arbitration agreement to that effect. Thus, the Arbitration Court organizes and administers according to the legal provisions, within the limits of its competence, the settlement of the following categories of disputes:<\/span><\/li>\n
  2. international commercial;<\/span><\/li>\n
  3. domestic commercial, civil;<\/span><\/li>\n<\/ol>\n