Hong Kong Regulations

LEVERAGED FOREIGN EXCHANGE TRADING (ARBITRATION) RULES - SECT 25

Consolidation of proceedings

Caution: This is a past version. See the current version here.

(1) Where in relation to 2 or more arbitration proceedings it appears to the
chairman of the Arbitration Panel-

   (a)  that some common question of law or fact arises in both or all of
        them;

   (b)  that the claims are in respect of or arise out of the same transaction
        or series of transactions; or

   (c)  that for some other reason it is desirable to make an order under this
        section, the chairman may order those arbitration proceedings to be
        consolidated on such terms as he thinks just or may order them to be
        heard at the same time, or one immediately after another, or may order
        any of them to be stayed until after the determination of any other of
        them.

(2) Where the chairman of the Arbitration Panel orders arbitration proceedings
to be consolidated under subsection (1) he shall, subject to section 10, have
power to select the arbitrator.

(3) Where the chairman of the Arbitration Panel selects an arbitrator for the
consolidated arbitration proceedings pursuant to subsection (2), any
appointment of arbitrator that was made for any of the arbitration proceedings
forming part of the consolidation shall for all purposes cease to have effect
on and from the appointment made under subsection (2). (Enacted 1994)