7Costs of arbitration

7 Costs of arbitration

7 Costs of arbitration

(1) For the purposes of the Commercial Arbitration Act 2010, section 33B, the fees and expenses of the arbitrator or arbitrators are taken to include all costs in relation to the arbitration of a dispute incurred by—

(a) the arbitrator or arbitrators, and

(b) the Tribunal.

(2) For subsection (1), costs include the following—

(a) administrative costs,

(b) costs of engaging consultants and expert witnesses,

(c) witnesses’ expenses.

(3) Subsections (1) and (2) do not limit the fees or expenses of the arbitrator or arbitrators.