The Legal Framework for Arbitration in Czech Republic

General Information:

• UNCITRAL Model-Law based: No.
• Legal Provisions: Czech Arbitration Act 1994 (Act No. 216/1994 Coll. on Arbitral Proceedings and Enforcement of Arbitral Awards). This Act is based on the old 1963 legislation and not on the UNCITRAL Model Law.

Multilateral Conventions:

• New York Convention: Yes (ratification/accession: 30 September 1993); reservations: none.
• European Convention: Yes (ratification/accession: 30 September 1993); reservations: none.
• ICSID Convention: Yes (ratification/accession: 23 March 1993); reservations: none.
• Energy Charter Treaty: Yes (ratification/accession: 29 March 1996); reservations: none.

Arbitral Institutions:

• Arbitration Court attached to the Economic Chamber of the Czech Republic and Agricultural Chamber of the Czech Republic
• Prague Stock Exchange Arbitration Court
• Arbitration Court of the Czech Moravian Commodity Exchange Kladno