Hong Kong Regulations

LEVERAGED FOREIGN EXCHANGE TRADING (ARBITRATION) RULES - SECT 40

Interpretation and enforcement of rules

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

(1) The arbitrator shall be empowered to interpret and determine the
applicability of all provisions under these Rules and to take appropriate
action to obtain compliance with any ruling made by him whilst arbitration
proceedings are being conducted.

(2) The arbitrator may modify the requirements of these Rules in relation to
the sending of letters and documents or the length of time periods in
particular cases where, in his opinion, it is expedient to do so in the
interest of justice.

(3) A party who knows that any provision of, or requirement under, these Rules
has not been complied with and yet proceeds with the arbitration without
promptly stating his objection to such non-compliance shall be deemed to have
waived his right to object. (Enacted 1994)