Comparative Guides
Welcome to Mondaq Comparative Guides - your comparative global Q&A guide.
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Results: 4 Answers
International Arbitration
10.
Costs
10.1
How will the tribunal approach the issue of costs?
 
South Africa
Article 31 of Schedule 1 to the act provides that the issue of costs is at the discretion of the tribunal (unless the parties agree otherwise).

The tribunal is entitled to specify:

  • the party entitled to costs;
  • the party which shall be liable for such costs;
  • the amount of such costs or the method of determining that amount; and
  • the manner in which such costs are to be paid.
For more information about this answer please contact: Jonathan Ripley-Evans from Herbert Smith Freehills
10.2
Are there any restrictions on what the parties can agree in terms of costs in an arbitration seated in your jurisdiction?
 
South Africa
No restrictions exist.

For more information about this answer please contact: Jonathan Ripley-Evans from Herbert Smith Freehills