3.

The Claimant shall pay in advance the total

6. Appointment of Arbitrator
fees comprising the Corporation fee and the
MALAYSIAN
(a) All arbitrators to be appointed to hear any
Arbitration fee relating to himself as well as that
RUBBER EXCHANGE
of the Respondent at member’s or
dispute shall be selected from a Panel of
non-member’s rate, whichever is applicable; in
Arbitrators who shall be appointed by MRE
accordance with the scale laid down, from time
Management Committee.
to time by the MRE Management Committee.
(b) Dispute shall be settled by an arbitral tribunal
comprising of three arbitrators.
(c) Each Party shall nominate respectively one
8. Scale of Arbitration Fees
arbitrator. If a Party fails to nominate an
arbitrator, the other Party shall request the
Scale Fees of Per Arbitration
Committee to make such appointment.
(d) The Parties agree that the third arbitrator, who Fees Member Non-Member

will act as presiding chairman,

appointed by the two arbitrators and failing
which, shall be appointed by the Committee.
shall be
Filling Fee
Corporation Fee
500
5,000
RM
1,000
10,000
ARBITRATION
(e) The Parties agree that every
appointed must be and remain independent of
arbitrator

the Parties involved in the arbitration, and shall

Arbitral Tribunal Fee 15,000

Note: The above fees are inclusive of GST.

24,000

PROCEDURES
not act as advocate for any party. How To Apply ?
7. Arbitration Fees
For further enquiries, please contact:
1. Upon the submission of a request for
MALAYSIAN RUBBER EXCHANGE
arbitration, the Claimant shall pay a
non-refundable case filing fee. A filing fee is
Tel No. : 603-9206 2092 / 2094 / 2185
applicable for a counter claim by Respondent. Fax No. : 603- 2161 6586
E-mail : mre@lgm.gov.my
2. The Corporation and Arbitral Tribunal Fee are Website : www.lgm.gov.my
due once the case has been registered for
arbitration.
 Note: c) The request for dispute resolution shall be
1. What is Arbitration?
• Parties entered into a written arbitration made in FORM NO. VIII and shall include:
agreement ;
It is a process whereby parties to a contract resolve
• Parties give their consent in writing to such • A demand that the dispute be referred to
their dispute which could not be done amicably. It is
arbitration and agree to be bound by the MRE arbitration;
a voluntary matter before an impartial person, who
Rules and By-laws insofar they apply to
renders a decision called an Award, ending the
arbitrations. • the names and addresses of the Parties;
dispute. Arbitration for settlement of commercial
disputes is an important aspect of commodity
• a reference to the Contract out of or in
trading.
4. Parties involved in an relation to which the dispute arises;

Arbitration
2. Advantages of Arbitration
• a reference to a written arbitration clause
or agreement;
MRE arbitrates on trade disputes between:
Arbitration is favoured as disputes are settled
Member vs member
speedily and by arbitrators who are knowledgeable
• the general nature of the claim and an
Member vs non-member
and experienced in the trade practices of the
indication of the amount involved (if any);
Non-member vs non-member
rubber trade.
and

3. Arbitration Facilities 5. Initiation of Arbitration • the relief or remedy sought.

The MRE provides for the settlement of rubber a) Any Party initiating recourse to arbitration shall
trade disputes through arbitration under its “MRE give to the MRE and the other Party a request
Arbitration Rules”. Arbitration at the MRE is allowed for dispute resolution together with the
in the following four areas of disputes. appropriate filing fee and such other fees;

Quality b) Subject to acceptance of the dispute for

Quantity arbitration by MRE, the Parties agree that
Packaging arbitral proceedings shall be deemed to
Non-performance of contract commence on the date on which the request
for dispute resolution is received by the
respondent or the date on which the
dispute is accepted by MRE (whichever is later).