6
Scope of the Agreement
12.
subjects.
-
Articles 2 and 3
Civil judgments can cover a wide range of
In order to avoid excessive complications but to
deal with the need expressed by local lawyers and
British- side propose that
the
the
businessmen,
subject-matter of the proposed bilateral agreements be
limited to money judgments (including arbitral awards
registered as judgments).
Procedures Articles 4, 7 and 8
13.
The procedures
reflect current Hong Kong legislation.
judgment creditor to
District of the
Law
judgment registered.
set out in the Model Agreement
They allow a
apply to an appropriate court in the
other contracting Party to have the
This must be done within 6 years of
the date of judgment (Article 4 (1)).
14.
The registered
The
judgment may include the original
costs and any interest since the date of judgment.
scheme is that the judgment once registered is treated like
a judgment of the registering court, for example, it will
bear interest and be converted into local currency in
accordance with the rules of the registering court (Article
4 (4) and 8).
15.
Article 7(4) sets out the documentation which
must accompany the application for registration.