At the end of an arbitration, or after an issue has been
decided in the course of the arbitration, the arbitrator usually makes an
order for the legal cost incurred by a party (or a part of the legal cost)
to be paid by the other party. The arbitrator usually fixes the amount of
the cost to be paid.
SIAC prefers that the arbitrator does so. But if he or she does not do
so, and the parties cannot agree on the amount, the Registrar of SIAC may
be asked to assess the amount for the parties. This process is sometimes
called "taxation" of costs. The party that requires the Registrar's services
pays a fee according to the amount of costs claimed.
All sums stated are in Singapore dollars.
Amount of Costs Claimed |
Taxation Fee (S$) |
Up to 50,000 |
1,000 |
50,001 - 100,000 |
1,000 + 2% of excess over 50,000 |
100,001 - 250,000 |
2,000 + 1.5% of excess over 100,000 |
250,001 - 500,000 |
4,250 + 1% of excess over 250,000 |
500,001 - 1,000,000 |
6,750 + 0.5% of excess over 500,000 |
Above 1,000,000 |
9,250 + 0.25% of excess over 1,000,000 |
Maximum |
10,000 |
The fee is payable at the time of request for taxation.
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