59. Immunity of arbitral institutions

The appointing authority, or an arbitral or other institution or person designated or requested by the parties to appoint or nominate an arbitrator, is not liable for anything done or omitted in the discharge or purported discharge of that function unless the act or omission is shown to have been in bad faith.

The appointing authority, or an arbitral or other institution or person by whom an arbitrator is appointed or nominated, is not liable, by reason only of having appointed or nominated him, for anything done or omitted by the arbitrator, his employees or agents in the discharge or purported discharge of his functions as arbitrator.

This section applies to an employee or agent of the appointing authority or of an arbitral or other institution or person as it applies to the appointing authority, institution or person himself.