UATEMALA

LEY DE ARBITRAJE/ARBITRATION LAW --

DECREE 67-95 OF CONGRESS

TABLE OF CONTENTS

Chapter I-- General Provisions

Art. 1. Scope of application

Art. 2. International arbitration

Art. 3. Subject-matter of arbitration

Art. 4. Definitions

Art. 5. Interpretation of rules

Art. 6. Notifications and terms

Art. 7. Waiver of right to object

Art. 8. Extent of court intervention

Art. 9. Court or other authority for certain functions of

arbitration assistance and supervision

Chapter II-- Arbitration Agreement

Art. 10. Form of arbitration agreement

Art. 11. The incompetence exception based in the

arbitration agreement

Art. 12. Arbitration agreement and

interim measures by court

Chapter III-- Composition of Arbitral Tribunal

Art. 13. Number of arbitrators

Art. 14. Qualifications to be arbitrators

Art. 15. Appointment of arbitrators

Art. 16. Grounds for challenge

Art.17. Challenge procedure

Art. 18. Failure or impossibility to act

Art. 19. Appointment of substitute arbitrator

Art. 20. Right to demand advances on costs and fees

Chapter IV-- Jurisdiction of Arbitral Tribunal

Art. 21. Competence of arbitral tribunal to rule on its jurisdiction

Art. 22. Power of arbitral tribunal to order interim measures

Chapter V-- Conduct of Arbitral Proceedings

Art. 23. Equal treatment of parties

Art. 24. Determination of rules of procedure

Art. 25. Place of arbitration

Art. 26. Commencement of arbitral proceedings

Art. 27. Language in International Arbitration

Art. 28. Statements of claim and defense

Art. 29. Hearings and written proceedings

Art. 30. Representation of the parties

Art. 31. Notifications

Art. 32. Default of a party

Art. 33. Expert appointed by arbitral tribunal

Art. 34. Court assistance in taking evidence

Art. 35. Procedure for the assistance in taking of evidence

Chapter VI-- Making of Award and

Termination of Proceedings

Art. 36. Rules applicable to substance of dispute

Art. 37. Amigable composición (“ex aequo et bono”)

Art. 38. Decision making by panel of arbitrators

Art. 39. Settlement

Art. 40. Form and contents of award

Art. 41. Termination of proceedings

Art. 42. Correction and interpretation of award;

additional award

Chapter VII-- Recourse against Award

Art. 43. Revision Recourse as exclusive recourse against arbitral award

Art. 44. Procedure to be followed in the Revision Recourse

Chapter VIII-- Recognition and Enforcement

of Awards

Art. 45. Applicable law to the recognition and enforcement of foreign awards

Art. 46. Recognition and enforcement

Art. 47. Grounds for refusing recognition or enforcement

Art. 48. Procedure to be followed in the Recognition and Enforcement Proceedings

Chapter IX-- Other Alternative Dispute Resolution Methods

between Private Parties

Art. 49. Conciliation

Art. 50. Conciliation procedure

Chapter X-- Final Provisions and Abrogations

Art. 51. Capacity of the State and Public entities to submit to arbitration

Art. 52. Pending Arbitrations

Art. 53. Modification of laws

Art. 54. Fusion of the concepts “compromissory clause”

and “compromis”

Art. 55. Repeals

Art. 56. Entry into force