Chương IV Luật trọng tài thương mại 2010: Trung tâm trọng tài

Chapter IV

ARBITRATION CENTERS

Article 23. Functions of arbitration centers Arbitration centers have the function to organize and coordinate the settlement of disputes by institutional arbitration and assist arbitrators in administrative, office and other affairs during arbitral proceedings.

Article 24. Conditions and procedures for the establishment of arbitration centers

1. An arbitration center may be established when at least 5 founding members being Vietnamese citizens who satisfy all the criteria of arbitrators specified in Article 20 of this Law request such establishment and this center is granted an establishment license by the Minister of Justice.

2. A dossier of request for establishment of an arbitration center comprises:

a/ A written request;

b/ Draft charter of the arbitration center, made according to a form issued by the Ministry of Justice:

c/ List of founding members and enclosed papers evidencing their eligibility under Article 20 of this Law.

3. Within 30 days after receiving a complete and valid dossier, the Minister of Justice shall grant an arbitration center establishment license and approve the arbitration center's charter. In case of refusal, he/she shall issue a written reply clearly stating the reason.

Article 25. Registration of the operation of arbitration centers

Within 30 days after receiving its establishment license, an arbitration center shall register its operation at the provincial-level Justice Department of the locality in which it has its head office. Past this time limit, if the arbitration center fails to register its operation, its license will no longer be valid.

The provincial-level Justice Department shall grant an operation registration paper for an arbitration center within 15 days after receiving a written request for registration.

Article 26. Announcement of the establishment of arbitration centers

1. Within 30 days after obtaining its operation registration paper, an arbitration center shall publish in 3 consecutive issues of a central daily or a local daily of the locality in which it registers its operation the following principal details:

a/ Name and address of its head office;

b/ Its operations;

c/ Serial number of the operation registration paper, issuer and date of issuance;

d/ Time of commencing its operation.

2. An arbitration center shall post up at its head office the details specified in Clause 1 of this Article and the list of its arbitrators.

Article 27. Legal entity status and structure of arbitration centers

1. Arbitration centers have the legal entity status and their own seals and bank accounts.

2. Arbitration centers operate for not-for-profit purposes.

3. Arbitration centers may set up their branches and representative offices at home and abroad.

4. An arbitration center has the Executive Board and Secretariat. The structure and apparatus of an arbitration center shall be prescribed in its charter.

The Executive Board of an arbitration center is composed of the chairman, vice chairman (chairmen) and may also include a secretary general appointed by the chairman. The chairman is an arbitrator.

5. An arbitration center has a list of arbitrators.

Article 28. Rights and obligations of arbitration centers

1. To draft their charter and rules of proceedings which must be in accordance with this Law.

2. To set out criteria for arbitrators and processes of selection and listing arbitrators and deleting names of arbitrators from their lists of arbitrators.

3. To send their lists of arbitrators and modifications to these lists to the Ministry of Justice for announcement.

4. To designate arbitrators for forming arbitration councils in the cases specified in this Law.

5. To provide arbitration services, conduct conciliation and apply other modes of settling commercial disputes under law.

6. To provide administrative, office and other services for dispute settlement.

7. To collect arbitration charges and other lawful amounts related to arbitral operations.

8. To pay remuneration and other expenses to arbitrators.

9. To train arbitrators for raising their dispute settlement qualifications and skills.

10. To annually report on their operation to provincial-level Justice Departments of localities in which they register their operation.

11. To preserve dossiers and provide copies of arbitral decisions at the request of disputing parties or competent state agencies.

Article 29. Termination of the operation of arbitration centers

1. An arbitration center shall terminate its operation:

a/ In the cases specified in its charter;

b/ Upon revocation of its establishment license or operation registration paper.

2. The Government shall detail cases subject to revocation of establishment licenses or operation registration papers and the order and procedures for terminating the operation of arbitration centers.