600. The arbitration under the Convention on the Settlement of Investment Disputes.

The arbitration is conducted in accordance with the Convention on the Settlement of Investment Disputes (1965)1, the arbitration rules in effect on the date when the parties consented to arbitration, rules agreed by the parties, and, if the point is otherwise uncovered, in accordance with the arbitral tribunal's own rules2. The Arbitration Act 1996 does not apply to proceedings pursuant to the Convention3, but the Lord Chancellor4 may by order direct that provisions concerning the conduct of arbitral proceedings5 are to apply6.

Except as the parties otherwise agree, the tribunal may at any stage of the proceedings call for the

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