candidates approved to sit professional interview for year 2009

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TABLE A: BASIC LUMP SUM FEE
(I) SCALE OF BASIC LUM SUM FEE
The following Scale of Fees for an arbitrator shall apply to each
separate claim and counter-claim/set off.
Where sums are claimed under one main head of claim and itemised
under separate sub-heads based upon a common set of law, fact
and evidence, such sums shall be treated as one aggregated sum
for the purpose of this Scale of Fees.
Heads or sub-heads of claims based upon different sets of law, fact
and evidence shall be treated as separate claims.
Amount in Dispute
First 10,000,000
Next 15,000,000
First 25,000,000
Next 25,000,000
First 50,000,000
Remainder
Scale of Fees
(RM) Percentage Amount (RM)
@ 0.15%
@ 0.10%
@ 0.05%
49,000
22,500
71,500
25,000
96,500
Amount in Dispute
First 50,000
Next 50,000
First 100,000
Next 150,000
First 250,000
Next 250,000
First 500,000
Next 500,000
First 1,000,000
Next 1,500,000
First 2,500,000
Next 2,500,000
First 5,000,000
Next 5,000,000
@ 2.5%
@ 2.0%
@ 1.5%
@ 1.0%
@ 0.5%
@ 0.4%
@ 0.3%
Scale of Fees
(RM) Percentage Amount (RM)
First 25,000
@ 6.0%
2,000
Next 25,000
1,500
3,500
1,250
4,750
3,000
7,750
3,750
11,500
5,000
16,500
7,500
24,000
10,000
34,000
15,000
(II) STAGE PAYMENTS
The above Basic Lump Sum Fee shall become due and payable in
stages as hereunder:
(1) upon appointment 10%
(2) upon delivery of statement of claim a further 15%
(3) upon delivery of statement of defence a further 15%
(4) upon the close of pleadings a further 10%
(5) upon award published the remaining 50%
(6) Total: 100%
(III) ARBITRATION ABANDONED/TERMINATED
If the arbitration is abandoned/terminated by parties after the close
of pleadings and before the final award, part of the Basic Lump Sum
Fee shall be chargeable in lieu of Item (5) above as follows:
(1) Before the commencement of hearings 5%
(2) After the commencement of hearings
but before closing submissions : arbitrator to assess :
up to 25%
(3) After closing submissions but before award :
arbitrator to assess : up to 50%
(IV) NON-MONETARY CLAIMS
Where a claim or counter-claim does not state a monetary amount,
an arbitrator's fees shall be charged on time basis at the rate of
RM350 per hour.
Talk on ‘Clean Development Mechanism’
report
Chemical Engineering Technical Division
by Engr. Juares Rizal bin Abd. Hamid, MIEM, P. Eng.
The talk, organised by the Chemical Engineering Technical
Division, was attended by 74 participants. It focused on the
subject of the potential benefits for the greenhouse gas reduction
initiative in developing countries, including Malaysia. In
particular, it highlighted the Clean Development Mechanism
(CDM) as a means for and towards achieving greenhouse gas
(GHG) reduction in project activities.
The speaker was Engr. Thayananthan Balakrishnan who has
had over 10 years of experience in the process engineering process
plant management and initiation of a CDM project for nitrous
oxide abatement in the industrial manufacture of nitric acid.
The talk started with a presentation on the background and
chronological development of the CDM provision. The speaker
touched on the United Nations Framework Convention on
Climate Change (UNFCCC) of the Rio Earth Summit in 1992
– the initiative having the objective of stabilising greenhouse
gas concentrations in the atmosphere at such levels that would
prevent anthropogenic interference with the climate system.
Following the event and in 1997, the Kyoto Protocol was
initiated and adopted where legally binding targets for such
stabilisation were laid down for the industrialised countries
– referred to as the Annex 1 countries. In February 2005, the
Kyoto Protocol was sanctioned as a legally binding document
of enforcement in the Annex 1 countries; and the CDM is one of
the means adopted by the Annex 1 industrialised countries to
achieve their legally binding targets of enforcement.
The talk further discussed the basic fundamentals of CDM
project development and those steps that potential project
developers need to go through towards eventual generation
of the incentiving Certified Emission Reduction (CER) where
actual income can be derived from the initiative taken. The
Kyoto Protocol also calls for the voluntary participation of non-
Annex 1 developing countries, including possibly Malaysia, in
the initiative. To this end, the talk presented the CDM project
potential in Malaysia, briefly citing a number of case studies
related to it. n
12 June 2009 Jurutera