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Part III : Procedure in the international prize court - Art. 46.
    Art. 46. Each party pays its own costs.
    The party against whom the Court decides bears, in addition, the costs of the trial, and also pays I per cent of the value of the subject-matter of the case as a contribution of the general expenses of the International Court. The amount of these payments is fixed in the judgment of the Court.
    If the appeal is brought by an individual, he will furnish the International Bureau with security to an amount fixed by the Court, for the purpose of guaranteeing eventual fulfilment of the two obligations mentioned in the preceding paragraph. The Court is entitled to postpone the opening of the proceedings until the security has been furnished.


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