Jurisdiction(s):
United Kingdom

Key definition

Rules definition

What does Rules mean? Rules describes the written provisions that govern how a pension scheme operates—especially occupational pension schemes—usually contained in, or annexed to, the trust deed (trust deed and rules). Legislation refers to these as scheme rules (for example, Pensions Act 1995 and Pensions Act 2004 in the UK, and the Pensions Act 1990 in Ireland). Scheme rules set out eligibility, benefit structure (defined benefit or defined contribution), contributions, service and accrual, retirement options and ages, revaluation/indexation, ill‑health and death benefits, transfers in and out, leaver provisions, forfeiture, augmentation, priority on winding‑up, discretions and decision‑making, and the scheme’s amendment and termination powers. They also...

Costs in UNCITRAL Arbitration: tribunal fees, deposits, awards and allocation, appointing authority roles, and PCA practice and decisions

Published by a LexisNexis Arbitration expert

Practice notes

UNCITRAL Rules on Costs Tribunal's fees and expenses

This Practice Note addresses matters concerning costs in arbitrations under The United Nations Commission on International Trade Law Arbitration rules (the UNCITRAL Rules). For an overview of the UNCITRAL framework, including the role of appointing authorities in such proceedings, see Practice Note: UNCITRAL Rules—background and introduction.

Where an appointing authority (often an arbitral institution) constitutes an UNCITRAL tribunal, the parties may also agree that the institution’s schedule for arbitrators’ fees applies. In that event, the tribunal will consider that schedule when fixing its remuneration (UNCITRAL Rules, Article 41, para 2).

Promptly after it is formed, the tribunal must tell the parties how it intends to set its fees and expenses, including any rates it proposes to use. A party may, within 15 days of receipt, submit this proposal to the appointing authority for review. The authority then has 45 days to evaluate whether the arbitrators’ proposals are reasonable, having regard to:

the amount in dispute,
the complexity of the subject matter,
the time the arbitrators are expected to spend, and
any other relevant circumstances.

The appointing authority may then make any adjustments it considers necessary...

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Web page updated on 21/05/2026

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