TNAG-0929-FCO40-1147-Protection-of-Trading-Interests-Bill-extension-to-Dependent--1980 — Page 43

DRAFT SAVING TELEGRAM

PROTECTION OF TRADING INTERESTS ACT 1980

The Protection of Trading Interests Act 1980 received Royal Assent on 20 March. 1980

repeals The ** Act replaces and extends the Shipping Contracts and Commercial Documents Act

1980 1964. The 1964 Act was passed primarily to protect shipping companies, but The/xew Act

goes further in that it provides better protection to companies and individuals in the

United Kingdom against attempts by overseas countries to impose their domestic legisla-

tion and regulations outside their own territory.

2.

The new Act contains a provision (Section 8(8)) providing for its extension to

dependant territories in the following terms:

"Her Majesty may by Order in Council direct that this Act shall extend with

such exceptions, adaptations and modifications, if any, as may be specified

in the Order to any territory outside the United Kingdom, being a territory

for the international relations of which Her Majesty's Government in the

United Kingdom are responsible."

There was a comparable provision in the 1964 Act, but this earlier Act was extended

(apart from the Channel Islands and the Isle of Man) only to Hong Kong. The 1964 Act

remains in force in these territories until the 1980 Act by Order-in-Council. XC6XNXXIX XNAZI LKG XWAZ ALEX

repealed by virtue of extension of

xxxaded by xax appropriate Order inx

1980

3. The wew/Act may have considerable significance in some xxxtex Dependant Terr-

tories and we are sending you separately by bag a copy of:

(i)

1980 the new Act;

to

Bill

(ii)

Notes on Clauses/

of Lords;

the/egislation as introduced in the House