Section 28 End of the arbitration proceedings

(1) The arbitration proceedings end with the final arbitration award or with a decision of the arbitration panel pursuant to subsection (2).

(2) The arbitration panel ends the arbitration proceedings by a decision (decision to end proceedings) if a) the party entitled to apply for arbitration withdraws the application, unless the other party objects and the arbitration panel recognises the other party’s legitimate interest in the final resolution of the dispute; or b) the parties agree to end the proceedings; or c) the parties cease to pursue the proceedings despite being called on by the arbitration panel to do so, or continuing the proceedings has become impossible for another reason.

(3) The decision to end proceedings is issued without prejudice to the right of a party to re-assert its claims.