LAW OF THE REPUBLIC OF UZBEKISTAN

of October 16, 2006 No. ZRU-64

About reference tribunals

Accepted by Legislative house on February 8, 2006

Approved by the Senate on August 25, 2006

Chapter 1. General provisions

Article 1. Purpose of this Law

The purpose of this Law is regulation of the relations in the field of education and activities of reference tribunals in the Republic of Uzbekistan.

Article 2. Legislation on reference tribunals

The legislation on reference tribunals consists of this Law and other acts of the legislation.

If the international treaty of the Republic of Uzbekistan establishes other rules, than those which are stipulated by the legislation the Republic of Uzbekistan about reference tribunals then are applied rules of the international treaty.

Article 3. Basic concepts

In this Law the following basic concepts are applied:

competent court - economic court or court on civil cases according to the cognizance established by the Economic Procedure Code of the Republic of Uzbekistan or the Code of civil procedure of the Republic of Uzbekistan;

rules of permanent reference tribunal - provision and the regulations of permanent reference tribunal;

provision of permanent reference tribunal - the local act approved by the legal entity who formed reference tribunal which regulates legal status, the organization, procedure for activities of permanent reference tribunal, and also determines its relations with the legal entity who formed this reference tribunal and other legal entities;

regulations of permanent reference tribunal - the local act approved by the legal entity who formed the reference tribunal containing rules of arbitration;

the arbitration agreement - the agreement of the parties on transfer of dispute on permission of reference tribunal;

the parties of the arbitration agreement - the legal entities and physical persons which signed the arbitration agreement;

arbitration - process of the dispute resolution in reference tribunal;

the parties of arbitration - legal entities and physical persons (claimants) who made the claim in reference tribunal in protection of the rights and interests, and also person (defendants) to which the claim is made;

rules of arbitration - the regulations which are regulating procedure for the dispute resolution in reference tribunal, including rules of the appeal to reference tribunal, elections (appointment) of arbitration judges and the procedure of arbitration;

reference tribunal (permanent reference tribunal or temporary reference tribunal) - the non-state body resolving the disputes following from civil legal relationship including the economic disputes arising between subjects of entrepreneurship;

the arbitration judge - the citizen of the Republic of Uzbekistan elected by the parties of the arbitration agreement or appointed in accordance with the established procedure for the dispute resolution in reference tribunal.

Article 4. Basic principles of activities of reference tribunals

Activities of reference tribunals are performed on the basis of legality, independence, confidentiality of data of arbitration, impartiality of arbitration judges, dispositivity, competitiveness and equality of participants of arbitration.

Article 5. Formation of reference tribunals

In the Republic of Uzbekistan permanent and temporary reference tribunals can be formed.

State governing bodies cannot form reference tribunals and to be the parties of the arbitration agreement.

Reference tribunals are not legal entities.

Article 6. Permanent reference tribunal

The permanent reference tribunal can be formed by the legal entity and is effective under it.

The permanent reference tribunal is considered educated when the legal entity made the decision on formation of permanent reference tribunal, approved rules of permanent reference tribunal and the list of arbitration judges.

The legal entity who formed permanent reference tribunal sends to the copy of documents on its education to judicial authorities in the location of reference tribunal.

The permanent reference tribunal can have the form and round stamp with the name, settlement, currency and other bank accounts for the territories of the Republic of Uzbekistan.

The procedure for the termination of activities of permanent reference tribunal is determined by rules of permanent reference tribunal.

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