There are also gafta maritime arbitration rules no. Arbitration rules no grain and feed trade association. Gafta 125 arbitration rule 2006 free download as pdf file. Gafta s arbitration service provides parties who use our standard forms of contract with a system to resolve trade disputes in a fast and efficient manner. The claimant shall deposit with gafta such sum as gafta considers appropriate on. The new 125 arbitration rules rules came into effect from 1 september 2016 and have been incorporated into all gafta. In addition to arbitration under gafta forms 125 and 126, alternative dispute resolution services. A note on the changes to gafta 125 arbitration rules.
Gafta has made a number of changes to its 125 arbitration rules rules. Gafta also offers an arbitration service for maritime disputes arising under the gafta. The contract period for shipment, if such the terms and conditions of gafta weighing rules no. The grain and feed trade association gafta recently published a new edition of its arbitration rules no. The previous gafta arbitration rules were effective for contracts dated from 1 june 2014. Documentsfumigatorssuperintendentsgafta approved register logogtas scheme manualsgtas. Gaftas arbitration service provides parties who use our standard forms of contract with a system to resolve. The article proceeds elaborating on gafta arbitration rules form no. Gafta rule 125 a party the claimant can initiate the arbitration process by serving a notice of intention to refer a dispute to arbitration on the other party the respondent, and by appointing an arbitrator. Jd supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations. If prior to the agreement to refer the dispute to the gafta simple disputes arbitration, either party had appointed an arbitrator as required by the rules in gafta arbitration rules no. The changes have been made to address a number of practical concerns which have been raised by gafta arbitration users. Gafta 125 arbitration rule 2006 arbitral tribunal costs in. Brokerage shall be due on the day contractual documents are.