Section 49 Recognition and enforcement of foreign judgmentsI1
United Kingdom
(1)
A trust, liability or other encumbrance that is extinguished by share transfer regulations or property transfer regulations cannot be recognised or enforced in the United Kingdom under a relevant rule of law.
(2)
In this section, “relevant rule of law” means a rule of law that—
(a)
is not set out in legislation, and
(b)
provides for the recognition or enforcement of a judgment given by a court or tribunal outside the United Kingdom.
Annotations
Commencement
- I1
S. 49 in force at Royal Assent, see s. 63(1)