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1. What is the SIMI Scheme?
This is an agreement between the Society of the Irish Motor Industry (SIMI) and the Chartered Institute of Arbitrators Irish Branch to include a Dispute Clause within the terms and conditions of agreement that authorises the Chairman at the time being of the CIArb Irish Branch to Appoint an Arbitrator when a dispute arises that cannot be settled between parties to the initial contract.
How does the SIMI Scheme work?
The claimant (or his/her representative) requests the appointment of an Arbitrator to the dispute matter. This application will include a brief description of the dispute, a copy of the original contract, an administration fee, and any other documents that are relevant to the dispute matter. The Institute writes to the Respondent and requests the payment of the capped Arbitrator's fee in the sum of €1,300 plus VAT. On receipt of this payment the Chairman proceeds to appoint an Arbitrator to the matter who will contact the parties directly.
Rules and Guidelines
Request for Appointment of an Arbitrator under SIMI Scheme