Answer ... Pursuant to Section 606(1) of the Austrian Code of Civil Procedure, an arbitral award must be in writing and must be signed by all arbitrators. Section 606(2) further provides that the award must state its date and the place where it was made. Moreover, the award must state the names of the members of the tribunal and indicate the parties. It must contain an operative part - that is, clearly determined relief. Also, and unless otherwise agreed by the parties, the award shall state the reasons for the decision.
Answer ... Austrian arbitration law does not specify a time limit for rendering an award.