(1) The parties are free to agree on the place of arbitration. Absent such agreement, the arbitral tribunal will determine the place of arbitration. In this context, the arbitral tribunal is to have regard to the circumstances of the case including the convenience of the parties.
(2) Unless otherwise agreed by the parties, the arbitral tribunal may convene at any place it considers appropriate, notwithstanding the provisions made in subsection (1), to hold a hearing for oral argument, to examine witnesses or to hear experts or the parties, to pursue deliberations amongst its members, to inspect objects, or to review documents.