LAW OF THE REPUBLIC OF KAZAKHSTAN

of December 28, 2004 No. 22-III ZRK

About reference tribunals

This Law regulates procedure for education, activities, and also execution of decisions of reference tribunals of the Republic of Kazakhstan.

Chapter 1. General provisions

Article 1. Coverage of this Law

This Law is applied to the disputes between physical and (or) legal entities which arose from the civil relations if other is not established by legal acts of the Republic of Kazakhstan.

Article 2. The basic concepts used in this Law

In this Law the following basic concepts are used:

1) the arbitration agreement - the written agreement of the parties about transfer arisen or able to arise from the civil relations of dispute for consideration in reference tribunal;

2) reference tribunal - the permanent reference tribunal, exchange arbitration or reference tribunal formed by the parties for the decision of specific dispute (further - reference tribunal for permission of specific dispute);

3) arbitration - process of consideration of dispute in reference tribunal and decision makings by reference tribunal;

3-1) parties of arbitration - the claimant and the defendant between whom the arbitration agreement is signed;

4) regulations of reference tribunal - procedure for the organization of activities of permanent reference tribunal, exchange arbitration;

5) the arbitration judge - the physical person elected by the parties or appointed in the procedure approved by the parties according to regulations of this Law for the dispute resolution in reference tribunal;

5-1) public procedure for the Republic of Kazakhstan - the bases of the state and social fabric enshrined in legal acts of the Republic of Kazakhstan;

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