1. The arbitral award shall be passed in writing. 2. When there is more than one arbitrator, the award shall be made by the majority of the arbitrators. If the opinions of the arbitrators are so divergent that the majority is not constituted, the presiding arbitrator shall issue the award, unless the parties agree otherwise. In such case, the dissenting opinions shall be noted down or enclosed and shall be deemed an integral part of the award. 3. The award shall be signed by the arbitrators. If one of the arbitrators refuses to sign the award, the reasons for refusal shall be recorded. The award shall be legally valid if it is signed by a majority of the arbitrators. 4. Unless the parties agree otherwise or the law applicable to the arbitral proceedings does not require the award to be supported by reasons, the arbitral award shall state the reasons upon which it is based. 5. The arbitral award shall include the names and addresses of the litigants, the names, nationalities and addresses of the arbitrators, a copy of the Arbitration Agreement, a summary of the parties' reliefs, submissions and documents, the dispositive part and, if required, reasons of the award, and date and place of issuance thereof. 6. The arbitral award shall be deemed to have been rendered at the seat of arbitration in accordance with the provision of Article (28) of this Law, even if it is signed by the members of the Arbitral Tribunal outside the seat of arbitration and regardless of the method whereby it is signed, whether it is signed by the members of the Arbitral Tribunal in person, it is sent to be signed by each party separately or it is signed by the electronic means, unless otherwise agreed by the parties. 7. Unless otherwise agreed by the parties, the date of the award shall be the same date on which the award is signed by the sole arbitrator. If there is more than one arbitrator, the date of the award shall be the date of the last signature by the arbitrator.
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