Part IV Miscellaneous Provisions

Provisions relating to recognition and enforcement of judgments

X138 Overseas judgments counteracting an award of multiple damages.

(1)

Section 7 of the M1Protection of Trading Interests Act 1980 (which enables provision to be made by Order in Council for the enforcement in the United Kingdom on a reciprocal basis of overseas judgments directed to counteracting a judgement for multiple dammages given in the third country) shall be amended as follows.

(2)

In subsection (1) for “judgements given under any provision of the law of that country corresponding to that section” there shall be substituted “ judgments of any description specified in the Order which are given under any provision of the law of that country relating to the recovery of sums paid or obtained pursuant to a judgement for multiple damages within the meaning of section 5(3) above, whether or not that provision corresponds to section 6 above ”.

(3)

After subsection (1) there shall be inserted—

“(1A)

Such an Order in Council may, as respects judgments to which it relates—

(a)

make different provisions for different descriptions of judgments ; and

(b)

impose conditions or restrictions on the enforcement of judgments of any description.”.