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Bare acts > UNCITRAL Conciliation Rules, 1980 > Article 18

18. Deposits .- (1). The conciliator, upon his appointment, may request each party to deposit an equal amount as an advance for the costs referred to in article 17, paragraph (1) which he expects will be incurred.

(2). During the course of the conciliation proceedings the conciliator may request supplementary deposits in an equal amount from each party.

(3). If the required deposits under paragraphs (1) and (2) of this article are not paid in full by both parties within thirty days, the conciliator may suspend the proceedings or may make a written declaration of termination to the parties, effective on the date of that declaration.

(4). Upon termination of the conciliation proceedings, the conciliator renders an accounting to the parties of the deposits received and returns any unexpended balance to the parties.




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