text: allitsmembers. However, questions ofprocedure maybedecided by apresiding arbitrator,ifsoauthorized bytheparties orallmembers ofthearbitral tribunal. Article 30.Settlement (1)If,duringarbitral proceedings, theparties settlethedispute, thearbitral tribunal shallterminate theproceedings and,ifrequested bytheparties andnot objected tobythearbitral tribunal, recordthesettlement intheformofan arbitral awardonagreedterms. (2)Anawardonagreed termsshallbe made inaccordance withtheprovlslons of article 31 andshallstatethatitisanaward. Such an awardhasthesamestatus andeffectasanyotherawardonthemeritsofthecase. Article 31.Form and contents ofaward (1) The awardshallbemadeinwriting andshallbesigned bythearbitrator or arbitrators. Inarbitral proceedings withmorethanonearbitrator, thesignatures ofthemajority ofallmembers ofthearbitral tribunal shallsuffice, provided thatthereasonforanyomitted signature isstated. (2) The awardshallstatethereasons uponwhichitisbased,unlesstheparties haveagreedthatnoreasons aretobegivenortheawardisanawardonagreed termsunderarticle 30. (3) The awardshallstateitsdateandtheplaceofarbitration asdetermined in accordance witharticle 20(1).Theawardshallbedeemedtohavebeenmadeatthatplace. (4)Aftertheawardismade,acopysigned bythearbitrators inaccordance with paragraph (1)ofthisarticle shallbedelivered toeachparty. -89-Article 32.Termination ofproceedings (1) The arbitral proceedings areterminated bythefinalawardorby anorderof thearbitral tribunal inaccordance withparagraph (2)ofthisarticle. (2)Thearbitral tribunal shallissueanorderforthetermination ofthearbitral proceedings when: (a)theclaimant withdraws hisclaim,unlesstherespondent objects thereto andthearbitral tribunal recognizes alegitimate interest onhispartin obtaining afinalsettlement ofthedispute; (b)theparties agreeonthetermination oftheproceedings; (c)thearbitral tribunal findsthatthecontinuation oftheproceedings has foranyotherreasonbecomeunnecessary orimpossible. (3)Themandate Ofthearbitral tribunal terminates withthetermination ofthe arbitral proceedings, subject totheprovisions ofarticles 33and34(4). Article 33.Correction andinterpretation ofaward;additional award (1)Withinthirtydaysofreceipt oftheaward,unlessanother periodoftimehas beenagreed uponbytheparties: (a)aparty,withnoticetotheotherparty, mayrequest thearbitral tribunal tocorrect intheawardanyerrorsincomputation, anyclerical or typographical errorsoranyerrorsofsimilar nature; (b)ifsoagreed bytheparties, aparty,withnoticetotheotherparty, may request thearbitral tribunal togiveaninterpretation ofaspecific pointor partoftheaward. Ifthearbitral tribunal considers therequest tobejustified, itshallmakethe correction orgivetheinterpretation withinthirtydaysofreceipt ofthe request. Theinterpretation shallformpartoftheaward. (2) The arbitral tribunal maycorrect anyerrorofthetypereferred toin ~ paragraph (1) (a) ofthisarticle onitsowninitiative withinthirtydaysofthe dateoftheaward. (3)Unlessotherwise agreed bytheparties, aparty,withnoticetotheother party,mayrequest, withinthirtydaysofreceipt oftheaward,thearbitral tribunal tomakeanadditional awardastoclaimspresented inthearbitral proceedings butomitted fromtheaward. Ifthearbitral tribunal considers the request tobejustified, itshallmaketheadditional awardwithinsixtydays. (4) The arbitral tribunal mayextend,ifnecessary, theperiodoftimewithin whichitshallmake acorrection, interpretation oranadditional awardunder paragraph (1)or(3)ofthisarticle. (5) The provisions ofarticle 31shallapplytoacorrection orinterpretation of theawardortoanadditional award. -90-CHAPTER VII.RECOURSE AGAINST AWARD Article 34.Application forsetting asideasexclusive recourse against arbitral award (1)Recourse toacourtagainst anarbitral awardmay be made onlybyan' application forsetting asideinaccordance withparagraphs (2)and(3)ofthisarticle. (2)Anarbitral awardmay besetasidebythecourtspecified inarticle 6onlyif: (a)thepartymakingtheapplication furnishes proofthat: (i)apartytothearbitration agreement referred toinarticle 7 waS undersomeincapacity; orthesaidagreement isnotvalidunderthelaw towhichtheparties havesUbjected itor,failing anyindication thereon, underthelawofthisState;or (ii)thepartymakingtheapplication wasnotgivenpropernoticeofthe
analysis: This text appears to be related to international arbitration and dispute resolution, which is often used in business and commercial transactions. The language and structure of the text suggest that it is a set of rules or guidelines for arbitration proceedings, possibly for a specific industry or sector.