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CONFIDENTIAL 機密
Scope of the Agreement
12.
subjects.
deal
Civil
with
businessmen,
www
Articles 2 and 3
judgments can cover a wide range of
In order to avoid excessive complications but to
the need expressed by local lawyers and
British side propose that the
the
subject-matter of the proposed bilateral agreements be
to money judgments (including arbitral awards
limited
registered as judgments).
Procedures
-
Articles 4, 7 and 8
13.
The procedures
out in the Model Agreement
reflect current Hong Kong: legislation.
judgment creditor to
Law
District of the
judgment registered.
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 judgment may include the original
costs and any interest since the date of judgment. The
scheme is that the judgment once registered is treated like
а 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.
CONFIDENTIAL ##
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