Law-ref.org THE PACIFIC SETTLEMENT OF INTERNATIONAL DISPUTES (1)
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THE PACIFIC SETTLEMENT OF INTERNATIONAL DISPUTES (1)
PART-IV: On International Arbitration
CHAPTER-III: On Arbitral Procedure
ARTICLE 55
ARTICLE 55
The parties can reserve in the 'Compromis' the right to demand the revision of the Award.
In this case, and unless there be an agreement to the contrary, the demand must be addressed to the Tribunal which pronounced the Award. It can only be made on the ground of the discovery of some new fact calculated to exercise a decisive influence on the Award, and which, at the time the discussion was closed, was unknown to the Tribunal and to the party demanding the revision.
Proceedings for revision can only be instituted by a decision of the Tribunal expressly recording the existence of the new fact, recognizing in it the character described in the foregoing paragraph, and declaring the demand admissible on this ground.
The 'Compromis' fixes the period within which the demand for revision must be made.