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n.b.impu.
MK2370/2
RECEIVERY
INCES
18 FEB 1991
RY
RY
Taken
Localisation
Paired to Chiver fiche on
сам, Мајко, над
Mr Randam. Pelang
Ms Yip, CAR
p...
1/2/91 } by bag.
*2 1/2
Introduction
This
consultation,
of Laws on Arbitration
paper has
been
Destroy after
I
Regi
175/3
Received in Registry
C 1 FEB 1991-
Desk Officer
FOREST TRY thepared pas a basis
in accordance with the three principles
consultation agreed at
Sino-British Joint Liaison
1
for
the
way in which the
provisions in a
iples for the Pe@ght bl meeting brof
Group, on the
British side intend to localise certain
United Kingdom enactment which applies to Hong Kong. The enactment makes provision for arbitration in connection
with international investment disputes.
Background
2.
It is proposed to introduce a Bill to localise the
Arbitzation (International Investment Disputes) Act 1966 as
applied to Hong Kong by the Arbitration (International
Investment Disputes) (Application to Colonies etc.) Order
1967. The Order extends to Hong Kong certain provisions of
the Act intended to implement the 1965 Washington
Convention on the Settlement of Investment Disputes between
States and Nationals of ather States. That convention was
applied to Hong Kong on signature by the United Kingdom and
in accordance with the Sino-British Joint Declaration,
discussions will take place in
place in the IRO sub-group of the Joint Liaison Group on the action to be taken by the two
Governments to ensure the continued application of the
Convention after 30 June 1997..
Meanwhile, it is
appropriate that the Convention should be implemented in Hong Kong's domestic law by legislation which will continue in force after that date.
es,
$1572
Mr Sainty
+
2015/2
p.a.
(51572
Page 15Page 16
Proposal