Arbitration fees framework revised for stock exchange disputes, including exemptions, refunds and allocation to investor protection. Parties must deposit an exchange-prescribed amount on filing arbitration references under a tiered fee schedule based on the higher of claim/counter-claim and whether filed within or after a six-month period; clients filing small claims within six months are exempt. On award, deposits are refunded to the successful party; for claims within six months the unsuccessful party's deposit is appropriated as fees, while for late claims one-third of the unsuccessful party's deposit is appropriated as fees and two-thirds credited to the Investor Protection Fund. The six-month period is computed from quarter end with specified exclusions.
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Provisions expressly mentioned in the judgment/order text.
Arbitration fees framework revised for stock exchange disputes, including exemptions, refunds and allocation to investor protection.
Parties must deposit an exchange-prescribed amount on filing arbitration references under a tiered fee schedule based on the higher of claim/counter-claim and whether filed within or after a six-month period; clients filing small claims within six months are exempt. On award, deposits are refunded to the successful party; for claims within six months the unsuccessful party's deposit is appropriated as fees, while for late claims one-third of the unsuccessful party's deposit is appropriated as fees and two-thirds credited to the Investor Protection Fund. The six-month period is computed from quarter end with specified exclusions.
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