Decree on Private Economic Dispute Mediation Centers
关于民营经济纠纷调解所的法令
ດຳລັດ ວ່າດ້ວຍຫ້ອງການໄກ່ເກ່ຍຂໍ້ຂັດແຍ່ງທາງດ້ານເສດຖະກິດເອກະຊົນ
Summary
This decree stipulates principles, regulations, and measures for the establishment, management, and supervision of private economic dispute mediation offices, including establishment conditions, organizational structure, rights and obligations, fees, suspension and revocation, and management and supervision, effective from October 10, 2022.
Articles
Article 1
Purpose. This Decree stipulates the principles, regulations, and measures concerning the establishment, management, and follow-up inspection of private economic dispute mediation centers, so that such centers can operate effectively, efficiently, and in compliance with legal regulations, aiming to create favorable conditions for economic dispute mediation, promote the development of business activities, ensure social peace and order, and contribute to the national economic and social development.
Article 2
Private Economic Dispute Mediation Center. A Private Economic Dispute Mediation Center is an organization with a social and legal professional nature, possessing legal personality, and engaged in serving society. Its function is to facilitate economic dispute mediation for parties, mediators, and mediation committees.
Article 3
Interpretation of terms. The meanings of terms used in this Decree are as follows: 1. “Legal person engaged in serving society” refers to an organization that is lawfully established, enjoys rights and obligations under the law, voluntarily provides services, facilitates the mediation of economic disputes, and does not distribute its own income among its members; 2. “Social and legal profession” refers to the professional field of serving society through the mediation of economic disputes in accordance with the law; 3. “Service fee” refers to the technical administrative fee charged to parties for using the services of a private economic dispute mediation institution; 4. “Mediator” refers to a person who meets the conditions and is appointed as a mediator by the Ministry of Justice; 5. “Foreign mediator” refers to a mediator appointed to an economic dispute resolution body of a country and permitted by the Lao Ministry of Justice to engage in mediation activities in Laos.
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