TARIFF OF CONCILIATION CHARGES AND EXPENSES

1. Each request for conciliation shall be accompanied by the payment of an administrative charge of BG levs 100. The charge shall be deposited with a special bank account of the Bulgarian Chamber of Commerce and Industry. The request for conciliation shall not be proceeded upon before the account has been credited with the payment of the above administrative charge.
2. Upon commencement of the conciliation proceedings, the President of the Court of Arbitration shall determine the amount of an advance deposit for expenses, being guided by the nature of the dispute and the normal necessary time for conclusion of the conciliation procedure, including the expenses of the conciliator for missions, if necessary.
3. Following the conclusion of the conciliation proceedings under the provisions of art. 5, para (1) of these Rules of Conciliation, the President of the Court of Arbitration shall determine the fee of the conciliator, guided by the time used, the complexity and other aspects to be considered. The fee shall not exceed that of an arbitrator in domestic and international arbitration cases before the Court of Arbitration at the Bulgarian Chamber of Commerce and Industry.
4. The unused part of the advance payment for expenses shall be refunded to the parties or respectively to the party which deposited it.
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This Tariff was adopted by the Executive Council of BCCI by Minutes No. 22/5-99 of 12.05.1999 and by decision of the Management Board of BCCI of 16.12.1998 in relation to art. 22, para 1, item 8 of the Statute of BCCI.
This Tariff shall be effective as from 5 July 1999.