Answer ... The costs of arbitration typically include:
- registration costs;
- the arbitrators’ fees;
- costs of the parties (including potential attorney fees)and;
- administrative costs.
As a general rule, the registration costs must be advanced by the claimant, while the arbitrators’ fees must be advanced by both parties, and all costs must ultimately be borne by the losing party. In justified cases, the tribunal may deviate from this general rule. The parties may also agree on an alternative allocation of costs.
Answer ... The Arbitration Act remains silent on any restrictions in this respect.