HUNGARY

ACT LXXI OF 1994

ON ARBITRATION

TABLE OF CONTENTS

Chapter I-- General Provisions

Sec. 1-2. Scope of the Act

Sec. 3-5. Stipulation of Arbitration and the Procedure Thereof

Sec. 6. Waiver of the Right to Objection

Sec. 7-8. Role of the Courts

Sec. 9-10. Other General Provisions

Chapter II-- Composition of Arbitral Tribunal

Sec. 11-17. Appointment of Arbitrators

Sec. 18-20. Termination of the Mandate of Arbitrator

Challenge Procedure

Sec. 21-22. Other Cases of the Termination of an Arbitrator’s Mandate

Sec. 23. Appointment of Substitute Arbitrator

Chapter III-- Jurisdiction of Arbitral Tribunal

Ruling of the Arbitral Tribunal on Its Own Jurisdiction

Sec. 24-25.

Sec. 26. Ordering Interim Measures

Chapter IV-- Procedure of Arbitral Tribunal

Sec. 27. Equal Treatment of Parties

Sec. 28. Determination of Rules of Procedure

Sec. 29 Exclusion of Publicity

Sec. 30. Language of the Proceedings

Sec. 31. Place of Arbitration

Sec. 32. Commencement of Arbitral Proceedings

Sec. 33. Statement of Claim and Reply

Sec. 34. Oral Hearing and Written Proceedings

Sec. 35. Default of Party

Sec. 36. Appointment of an Expert

Sec. 37. Court Assistance

Chapter V-- Making of Award and Termination of Proceedings

Sec. 38. Making of Award

Sec. 39. Settlement

Sec. 40-41. Form and Contents of Award

Sec. 42. Termination of Proceedings

Sec. 43-45. Correction, Interpretation of Award; Additional Award

Chapter VI-- International Arbitral Proceedings

Sec. 46. Procedure in International Cases

Sec. 47. International Character of the Proceedings

Sec. 48. Language of Proceedings

Sec. 49-50. Definition of the Substantive Law to Be Applied

Chapter VII-- Proceedings of the Court

Sec. 51-53. Jurisdiction, Competence

Sec. 54-57. Setting Aside of the Award of an Arbitral Tribunal

Sec. 58-60. Recognition and Enforcement of Award of Arbitral Tribunal

Chapter VIII-- Miscellaneous and Closing Provisions

Sec. 61. Character of the Regulation

Sec. 62-63. Coming into Force, Transitional Provisions

Sec. 64-65. Legal Rules Ceasing to Be in Force and Amended

Law Decree No. 13 of 1979 on Private International Law

(Excerpts)

Sec.1-2. Purpose and Scope of the Law Decree

Sec. 6. Reciprocity

Chapter 11-- Recognition and Enforcement of Foreign Decisions

Sec.70-74, 74/A.

Act No. 53 of 1994 on Enforcement

(Excerpts)

Chapter 2-- Ordering enforcement; Exequatur

Sec. 15, Sec. 16 d).

Chapter 10-- Enforcement of security measures; Conditions of ordering security measures

Sec. 188.

Chapter 12-- Enforcement of foreign decisions

Sec. 205–210.

Part 4-- Remedies

Chapter 14-- Remedies concerning enforcement orders

Sec. 211-212. Withdrawal of the exequatur and deletion of the enforcement clause

Sec. 213. Appeal regarding enforcement orders

Sec. 214. Request for review of enforcement orders