Unless otherwise agreed by the parties, in arbitral proceedings with more than one arbitrator, any decision of the arbitral tribunal shall be made by a majority of all its members.

2.         Notwithstanding (1), a presiding arbitrator may decide questions of procedure.

Article 33

Settlement

1.             If, during arbitral proceedings, the parties settle the dispute, the arbitral tribunal shall terminate the proceedings and, if requested by the parties and not objected to by the arbitral tribunal, record the settlement in the form of an arbitral award on agreed terms.

2.      An arbitral award on agreed terms shall be made in accordance with Article 34 and shall state that it is an arbitral award on agreed terms.

3.      An arbitral award on agreed terms has the same status and effect as any other arbitral award on the substance of the dispute.