1. The Arbitration Agreement may be concluded prior to the occurrence of the dispute, whether in the form of a separate agreement or stipulated in a specific contract, concerning all or certain disputes which may arise between the parties. 2. The Arbitration Agreement may also be concluded after the dispute has arisen, even if an action has already been brought before a judicial body. In such case, the Agreement shall specify the issues subject to Arbitration. 3. Any reference made in a contract to any other document containing an arbitration clause shall be considered an agreement on arbitration, provided that the said reference is clear in treating such clause as an integral part of the contract.
Interpretation and application must be checked against the official text and current version.