(iii)
Press Notice issued by the Department of Trade on 31 October 1979
and on receiving Royal Assent.
Bill
4.
You should note that certain of the provisions of the xxxx were amended in
the House of Lords so that in points of detail the Notes on Clauses depart from the pro-
visions of the Act as finally passed, but there are no major differences of policy or
Notes on Clauses, which provide useful procedure between the Act and theorielxxxxxsending xyoxx background.
5.
Since you may wish to consider whether the new Act should be applied in your ter-
ritory some aspects of the Bill are highlighted as follows:
Section 1. This allows the Secretary of State for Trade to prohibit compli-
ance with measures taken by, or under the laws of, overseas countries which
have extraterritorial effect and are or would be damaging to the trading
interests of the United Kingdom.
provision
This/dence is based on Section 1 of the
1964 Act but instead of applying just to shipping it extends to all trading
interests.
Section 2. This strengthens Section 2 of the 1964 Act, which allowed the
Secretary of State for Trade to prohibit compliance with a request from a
foreign Court, tribunal or authority for the production of commercial docu-
ments or information in the UK. For the 1964 Act to be used, two tests had to
demand be applied: the documents had to be in the UK and the xxx by a foreign authority etc had to infringe the jurisdiction/the UK. Under the XXXX
person addressed or the Act, the territorial test (ie that the documents are in the UK) will usually
be enough to allow the Secretary of State to block their production, although
there are certain limitations on the blocking power which are defined in the
additional
1980
Act. This Section therefore provides otra protection for all UK companies
facing litigation or investigation by authorities or courts of overseas
countries.
No comments yet.
Private notes are available after approval.