The Legal Framework for Arbitration
General Information
UNCITRAL Model-Law based: No.
Legal Provisions: Czech Arbitration Act 1994 (Act No. 216/1994 on Arbitral Proceedings and Enforcement of Arbitral Awards). This Act is based on the old 1963 legislation and not on the UNCITRAL Model Law.
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
Multilateral Conventions
New York Convention: Yes (succession: 30 September 1993); reservations: [The Czech Republic] will apply the Convention to recognition and enforcement of awards made in the territory of another contracting State. With regard to awards made in the territory of non-contracting States it will apply the Convention only to the extent to which these States grant reciprocal treatment.
European Convention: Yes (succession: 30 September 1993).
ICSID Convention: Yes (ratification/accession: 23 March 1993).
Energy Charter Treaty: Yes (ratification/accession: 29 March 1996).
Last updated February 2019