Amendments To The Arbitration Law

Original Language Title: Grozījumi Šķīrējtiesu likumā

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Read the untranslated law here: https://www.vestnesis.lv/op/2016/204.4

The Saeima has adopted and the President promulgated the following laws: the law of Arbitration to make Arbitration Act (Latvian journal, 2014, no 194) the following amendments: 1. in article 4: replace the second part of paragraph 2, the word "place" with the word "order"; replace the second subparagraph of paragraph 6, the words "address, telephone number, e-mail address" with the words "location address, telephone number, e-mail address; to supplement the article with the third and fourth subparagraph by the following: "(3) the Arbitration Board shall submit to the standing of the founder of the Company the register of real estate (buildings or housing estate) issued consent to the owner the location of the Tribunal addresses the respective registration building or apartment. Consent shall indicate the address of real property, cadastral number, cadastral designation (if real property consists of several buildings) and the owner's name, surname and personal code (if the person has no social security number, date of birth, identity document number and date of issue, country, and institution that issued the documents) or the name (business name) and the registration number. Consent to arbitration need not be given if the location address is the founder of arbitration belonging to the registered premises. (4) the Permanent Tribunal addressed documents are to be sent to the address of the location. " 2. in article 8: to supplement the first part with the 2.1 point as follows: "21) website address;" make the second paragraph as follows: "(2) the founder of the standing arbitration shall draw up a list of arbitrators of the Permanent Arbitration, which shall include not less than 10 arbitrators."; Add to article 2.1 part as follows: "(21) standing arbitration arbitrators ' list indicates each arbitrator shall include the name, address and ID number (if the person has no social security number, date of birth, identity document number and date of issue, country, and institution that issued the documents). The arbitrator's personal code (if the person is not a personal code, date of birth, identity document number and date of issue, country, and institution that issued the documents) are not publicly available. "; off in the third paragraph, the words "arbitrators"; to make a fifth by the following: "(5) If the rules of procedure of the standing Tribunal amended, founder of the standing arbitration the Registrar of companies within seven days after the amendment of the rules of procedure specified submitted."; Add to article 5.1 part as follows: "(51) if the amended Permanent Arbitration Arbitrators of the Permanent Court of arbitration, the founder of the Registrar of companies shall submit an application for changes to the Tribunal registry entries. If the arbitration list contains a new arbitrator, the application shall be accompanied by proof that the said arbitrator shall comply with article 14 of this law, the second and the fourth part and not apply article 15 of this law certain limitations, as well as the documents that justify the qualification of the arbitrator. "; express the sixth part as follows: "(6) the founder of the standing arbitration once a year until March 1 to the Registrar of companies shall provide assurance that the Permanent Court of arbitration and the arbitrators list corresponds to article 4 of this law." 3. Article 9: article name be expressed as follows: "article 9. Monitoring of the arbitration and the basics of termination "; Add to article 1.1 part as follows: "(11) the companies registry monitors the compliance with the standing arbitration law article 2, the second subparagraph of article 4, paragraph 3, first subparagraph, second and fourth parts, articles 7 and 8 and article 14 of the first, second, third and 4.2 part."; make the second paragraph as follows: "(2) the registry shall take a decision on the exclusion of arbitration from the standing of the Tribunal registry, if: 1 the Permanent Court of arbitration does not) meet any of this law, article 2, second paragraph, article 4, paragraph 3, first subparagraph and second subparagraph; the Permanent Court of arbitration) 2 out of reach its specified location; 3) founder of the standing arbitration has not submitted this law, article 8 of the sixth part of the attestations referred to or has provided false information; 4) is not complied with this law, article 14 of the fourth part; 5) founder of the standing arbitration has not fulfilled this law article 14 4.2 part. " 4. Supplement article 14 with 4.1 and 4.2 in part as follows: "(5) the arbitrator may at any time withdraw your consent to be included in the list of arbitrators of the Permanent Arbitration, stating in writing the Permanent Tribunal. (42) the founder of the standing arbitration within 14 days after this article 4.1 part receiving the notification referred to in the amendment of the list of arbitrators of the Permanent Arbitration and notify the Registrar of companies in accordance with the procedure laid down in this Act. " 5. the transitional provisions supplementing with 8, 9, 10, 11 and 12 of the following paragraph: "8. the register of registered Tribunal Permanent Arbitration founder to 2017 March 1, submit to the Registrar of companies the property owner's consent, referred to in article 4 of this law, in the third paragraph, the amendment of the rules of procedure of the required text, as well as the full text of the rules of procedure of a new reaction, which corresponds to article 8 of this law, the first and fourth parts requirements the Permanent Court of arbitration, arbitrators, which corresponds to article 8 of this law 2.1 part requirements and receipt that corresponds to article 8 of this law, the sixth part. 9. If the standing Tribunal of the founder of the transitional provisions laid down in point 8 is not submitted within the time limit mentioned documents, the business register to 1 June 2017 to decide on the exclusion of arbitration from the standing of the Tribunal registry. 10. Amendment of article 8 of this law, the second, third and fifth paragraphs, as well as the amendment of article 5.1 of part of the supplement takes effect March 1, 2017. 11. a register of registered Tribunal Permanent Arbitration founder until 1 June 2017 shall be submitted to the Registrar of companies of the application for amendment of the register, providing arbitration in the arbitration of this law, compliance with the second subparagraph of article 8, which will take effect on March 1, 2017. 12. If the standing Tribunal of the founder of the transitional provisions in paragraph 11 of the prescribed period has not submitted documents, the business register up to 2017 September 1, shall decide on the exclusion of arbitration from the standing of the Tribunal registry. " The Parliament adopted the law in 2016 on October 6. The President r. vējonis 2016 Riga October 20