Arbitration Law of the People's Republic of China Updated: 2006-04-17 10:13 Article 27 The applicant may abandon or alter his
arbitration claim. The respondent may accept the arbitration claim or object to
it. It has a right to make a counterclaim.
Article 28 A party may apply for property preservation if, as the result
of an act of the other party or for some other reasons, it appears that an
awardmay be impossible or difficult to enforce. If one of the parties applies
for property preservation, thearbitration commission shall submit to a people's
court the application of the party in accordance with the relevant provisions of
the Civil Procedure Law. If a property preservation order is unfounded, the
applicant shall compensate the party against whom the order was made for any
losses sustained as a result of the implementation of the property preservation
order.
Article 29 The parties and their legal representatives may appoint lawyers
or engage agents to handle matters relating to the arbitration. In the event
that a lawyer or an agent is appointed to handle the arbitration matters,a
letter of authorization shall be submitted to the arbitration
commission. Section 2: Composition of the Arbitration Tribunal
Article 30 An arbitration tribunal may comprise three arbitrators or one
arbitrator. If an arbitration tribunal comprises three arbitrators, a presiding
arbitrator shall be appointed.
Article 31 If the parties agree to form an arbitration tribunal comprising
three arbitrators, each party shall select or authorize the chairmen of
thearbitration commission to appoint one arbitrator. The third arbitrator shall
be selected jointly by the parties or be nominated by the chairman of the
arbitration commission in accordance with a joint mandate given by the parties.
The third arbitrator shall be the presiding arbitrator. If the parties agree to
have one arbitrator to form an arbitration tribunal, the arbitrator shall be
selected jointly by the parties or be nominated by the chairman of the
arbitration commission in accordance with a joint mandate given by the
parties.
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