ACIA-Section B

For the purpose of this Section:

(a) “Appointing Authority” means:

(i) in the case of arbitration under Article 33(1)(b) or (c), the Secretary-General of ICSID;

(ii) in the case of arbitration under Article 33(1)(d), the Secretary-General of the Permanent Court of Arbitration; or

(iii) in the case of arbitration under Article 33(1)(e) and (f), the Secretary-General, or a person holding equivalent position, of that arbitration centre or institution;

(b) “disputing investor” means an investor of a Member State that makes a claim on its own behalf under this Section, and where relevant, includes an investor of a Member State that makes a claim on behalf of a juridical person of the other Member State that the investor owns or controls;

(c) “disputing Member State” means a Member State against which a claim is made under this Section;

(d) “disputing parties” means a disputing investor and a disputing Member State;

(e) “ICSID” means the International Centre for Settlement of Investment Disputes;

(f) “ICSID Additional Facility Rules” means the Rules Governing the Additional Facility for the Administration of Proceedings by the Secretariat of the International Centre for Settlement of Investment Disputes;

(g) “ICSID Convention” means the Convention on the Settlement of Investment Disputes between States and National of other States, done at Washington, D.C., United States of America on 18 March 1965;

(h) “New York Convention” means the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards, done at New York, United States of America on 10 June 1958;

(i) “non-disputing Member State” means the Member State of the disputing investor; and

(j) “UNCITRAL Arbitration Rules” means the arbitration rules of the United Nations Commission on International Trade Law, approved by the United Nations General
Assembly on 15 December 1976. 

Information similar to this article

Related Content

Comments are closed.

Close Search Window