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THE L.M.A.A. TERMS (2002) - LMAA | London Maritime Arbitrators ...

THE L.M.A.A. TERMS (2002) - LMAA | London Maritime Arbitrators ...

THE L.M.A.A. TERMS (2002) - LMAA | London Maritime Arbitrators ...

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AVAILABILITY OF ARBITRATORS19. (a) In cases where it is known at the outset that an early hearing is essential, theparties should consult and ensure the availability of the arbitrator(s) to beappointed by them.(b) If, in cases when the tribunal has already been constituted, the fixture of anacceptable hearing date is precluded by the commitments of the originalappointee(s), the provisions of the Fourth Schedule shall apply.<strong>THE</strong> AWARD20. The time required for preparation of an award must vary with the circumstances ofthe case. The award should normally be available within not more than six weeksfrom the close of the proceedings. In many cases, and in particular where thematter is one of urgency, the interval should be substantially shorter.21. The members of a tribunal need not meet together for the purpose of signing theiraward or of effecting any corrections thereto.22. (a) If before the award is made one or more parties to the reference shall givenotice to the tribunal that a reasoned award is required, the award shall containthe reasons for the award.(b) The parties agree to dispense with reasons in all cases where no notice shallhave been given to the tribunal under paragraph (a) before the award is made.[Note: the effect of such agreement is to exclude the court’s jurisdiction underSection 69 of the Act to determine an appeal on a question of law arising out ofthe award; see Section 69(1)](c) Where in accordance with paragraph (b) the parties have agreed to dispensewith reasons the tribunal will issue an award without reasons together with adocument which does not form part of the award but which gives, on aconfidential basis, an outline of the reasons for the tribunal’s decision (hereaftercalled “privileged reasons”).(d) Unless the court shall otherwise determine, the document containingprivileged reasons (referred to in paragraph (c)) may not be relied upon orreferred to by either party in any proceedings relating to the award.23. As soon as possible after an award has been made it shall be notified to the partiesby the tribunal serving on them a notice in writing which shall inform the parties ofthe amount of the fees and expenses of the tribunal and which shall indicate thatthe award is available for sending to or collection by the parties upon full paymentof such amount. At the stage of notification neither the award nor any copy thereofneed be served on the parties and the tribunal shall be entitled thereafter to refuseto deliver the award or any copy thereof to the parties except upon full payment ofits fees and expenses.24. If any award has not been paid for and collected within one month of the date ofpublication, the tribunal may give written notice to either party requiring payment ofthe costs of the award, whereupon such party shall be obliged to pay for andcollect the award within fourteen days.25. (a) In addition to the powers set out in Section 57 of the Act, the tribunal shallhave the following powers to correct an award or to make an additional award:(i) The tribunal may on its own initiative or on the application of a party correctany accidental mistake, omission or error of calculation in its award.(ii) The tribunal may on the application of a party give an interpretation of aspecific point or part of the award.5

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