Protection of Trading Interests Act 1980
- Protection of Trading Interests Act 1980
The Protection of Trading Interests Act 1980 was a piece of legislation passed by the British Parliament to counter American assertions of extra-territorial jurisdiction. [http://www.publications.parliament.uk/pa/cm200506/cmhansrd/cm051202/text/51202w27.htm]
The Act gives the Secretary of State for Trade and Industry the authority to "give to any person in the United Kingdom who carries on business there such directions for prohibiting compliance" with laws of a foreign state which control or regulate international trade in a way which damages British trading interests. [http://www.ffhsj.com/cmemos/0086223.htm]
The Act also prohibited British corporations from giving documentation to a potentially hostile foreign interest and empowered British courts to seize the assets of any overseas power which impounded assets of British corporations. [http://multinationalmonitor.org/hyper/issues/1990/04/moody.html]
The Act restricts the enforceability of judgments for multiple damages. Section 5 provides that British courts will not enforce a judgment for "an amount arrived at by doubling, trebling or otherwise multiplying a sum assessed as compensation". [http://www.bakernet.com/newsletters/Article.asp?ArticleID=3044&EditionID=329&URL=%2Fnewsletters%2FNewsletter.asp&NLID=30]
Wikimedia Foundation.
2010.
Look at other dictionaries:
List of Acts of Parliament of the United Kingdom Parliament, 1980-1999 — This is an incomplete list of Acts of the Parliament of the United Kingdom for the years 1980 1999. For acts passed prior to 1707 see List of Acts of Parliament of the English Parliament and List of Acts of Parliament of the Scottish… … Wikipedia
List of Acts of the Parliament of the United Kingdom, 1980–1999 — UK Legislation Acts of Parliament by states preceding the United Kingdom Of the Kingdom of England Before 1485 1485–1601 · 1603–1641 Interregnum (1642–1660) 1660–1699 · 1700–1706 … Wikipedia
Helms-Burton Act — The Cuban Liberty and Democratic Solidarity (Libertad) Act of 1996 (Helms Burton Act, USPL|104|114, USStat|110|785, USC|22|6021|6091) is a United States federal law which strengthens and continues the United States embargo against Cuba. The act… … Wikipedia
List of Statutory Instruments of the United Kingdom, 1990 — NOTOC This is a complete list of all 1646 Statutory Instruments published in the United Kingdom in the year 1990.1 100* Caseins and Caseinates (Scotland) Amendment Regulations 1990 S.I. 1990/1 * Personal Community Charge (Relief) (England)… … Wikipedia
List of Statutes of New Zealand (1800-1980) — This is a list of Statutes of New Zealand before 1980. For statutes of New Zealand since 1980, see List of Statutes of New Zealand (1980 present) 1800s 1830s 1837 * Wills Act 1840s 1846 * New Zealand Constitution Act 1846 (UK) 1850s 1852 * New… … Wikipedia
Clear Skies Act of 2003 — The Clear Skies Act of 2003 is a proposed federal law of the United States. The official title as introduced is a bill to amend the Clean Air Act to reduce air pollution through expansion of cap and trade programs, to provide an alternative… … Wikipedia
Data Protection Directive — The Data Protection Directive (officially Directive 95/46/EC on the protection of individuals with regard to the processing of personal data and on the free movement of such data) is a European Union directive which regulates the processing of… … Wikipedia
Directive 95/46/EC on the protection of personal data — The full title of this European Union directive is Directive 95/46/EC on the protection of individuals with regard to the processing of personal data and on the free movement of such data. The directive was implemented in 1995 by the European… … Wikipedia
Emissions trading — (or emission trading) is an administrative approach used to control pollution by providing economic incentives for achieving reductions in the emissions of pollutants. It is sometimes called cap and trade.A central authority (usually a government … Wikipedia
Companies Act 2006 — The Companies Act 2006[1] Parliament of the United Kingdom Long title An Act to reform company law and restate the greater part of the enactments relatin … Wikipedia
