Financial Services Board Act, 1990
R 385
Arbitration Act, 1965 (Act No. 42 of 1965)Remuneration of Arbitrators and Umpire and Costs34. Remuneration of arbitrators and umpire |
| (1) | Where the fees of the arbitrator or arbitrators or umpire have not been fixed by an agreement between him or them and the parties to the reference, any party to the reference may, notwithstanding that such fees may already have been paid by the parties, or any of them, require such fees to be taxed, and thereupon such fees shall be taxed by the taxing master of the court. |
| (2) | Any taxation of fees under this section may be reviewed by the court in the same manner as a taxation of costs. |
| (3) | The arbitrator or arbitrators or umpire shall be entitled to appear and be heard at any taxation or review of taxation under this section. |
| (4) | The arbitrator or arbitrators or an umpire may withhold his or their award pending payment of his or their fees and of any expenses incurred by him or them in connection with the arbitration with the consent of the parties, or pending the giving of security for the payment thereof. |
