advance on costs

advance on costs
- аванс на покрытие расходов, связанных с проведением арбитража (arbitration costs), осуществляемый путем перечисления денежных средств на счет, указываемый институциональным арбитражным органом. Приблизительный размер такого аванса при проведении институциональных арбитражей (institutional arbitration) указывается в арбитражных регламентах и при необходимости может быть пересмотрен административным органом, действующим при соответствующем арбитраже. При проведении арбитража ad hoc без участия какого-либо институционального арбитражного органа вопрос о размере аванса разрешается составом арбитража или его председателем, который указывает сторонам, на какой счет и в какие сроки они должны его перечислить.

Glossary of international commercial arbitration. 2013.

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