6.
Recovery
of awards of multiple
damages.
(4) The Minister may for the purposes of subsection
(2)(b) above make an order in respect of any provision
or rule of law which appears to him to be concerned with
the prohibition or regulation of agreements, arrangements
or practices designed to restrain, distort or restrict
competition in the carrying on of business of any
description or to be otherwise concerned with the
promotion of such competition as aforesaid.
(5) The power of the Minister to make orders under
subsection (4) above shall be exercisable by statutory
instrument subject to negative resolution procedure
under the Statutory Instruments Act 1977 of Bermuda.
(6) Subsection (2) (a) above applies to a judgment
given before the date of the passing of this Act as well
as to a judgment given on or after that date but this
section does not affect any judgment which has been
registered before that date under the provisions mentioned
in subsection (1) above or in respect of which such
proceedings as are there mentioned have been finally
determined before that date.
6. (1) This section applies where a court of an overseas
country has given a judgment for multiple damages within
the meaning of section 5(3) above against
E
(a) a citizen of the United Kingdom and Colonies or
other British subject possessing Bermudian
status; or
(b) a body corporate incorporated in Bermuda; or
(c) a person carrying on business in Bermuda,
(in this section referred to as a "qualifying defendant")
and an amount on account of the damages has been paid by
the qualifying defendant either to the party in whose
favour the judgment was given or to another party who is entitled as against the qualifying defendant to contribu-
tion in respect of the damages.