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3.—(1) The High Court shall, upon application duly made for the purpose by the person entitled to enforce it, forthwith register any Community judgment to which the Secretary of State has appended an order for enforcement or any Euratom inspection order.
(2) Where a sum of money is payable under a Community judgment which is to be registered, the judgment shall be registered as if it were a judgment for such sum in the currency of the United Kingdom as, on the basis of the rate of exchange prevailing at the date when the Community judgment was originally given, is equivalent to the sum so payable.
(3) Rules of court shall be made requiring notice to be given of the registration of a Community judgment or Euratom inspection order to the persons against whom the judgment was given or the order was made.
(4) Where it appears that a Community judgment under which a sum of money is payable has been partly satisfied at the date of the application for its registration, the judgment shall be registered only in respect of the balance remaining payable at that date.
(5) Where, after the date of registration of a Community judgment under which a sum of money is payable, it is shown that at that date the judgment had been partly or wholly satisfied, the registration shall be varied or cancelled accordingly with effect from that date.
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