In company arbitration, where the arbitration clause in the articles of association confers upon the President of the Court of the place where the company has its registered office the power to appoint the arbitrator, in accordance with Article 34, paragraph 2, of Legislative Decree No. 5/2003, such power derives from the contractual will of the parties and not directly from the law, with the consequence that Article 5 of Legislative Decree No. 168/2003 concerning the jurisdiction of specialised divisions in company matters does not apply.