Austria

The Legal Framework for Arbitration

General Information

  • UNCITRAL Model-Law based: Yes.

  • Legal Provisions: Sections 577-618 of the Austrian Code of Civil Procedure (ZPO) which replaced the old arbitration law in 2013 (SchiedsRÄG 2013). Their latest revision in 2013 instituted the Austrian Supreme Court as the first and final instance in almost all arbitration-related matters. 

Arbitral Institutions

  • Vienna International Arbitral Center (VIAC)

Multilateral Conventions

  • New York Convention: Yes (ratification/accession: 2 May 1961); reservations and declarations: none.

  • European Convention: Yes (ratification/accession: 6 March 1964).

  • ICSID Convention: Yes (ratification/accession: 25 May 1971; entry into force: 24 June 1971).

  • Energy Charter Treaty: Yes (ratification/accession: 12 August 1997; entry into force: 16 April 1998).

 

Last updated February 2019