26 Jun 2005
26 Jun 2005
PART 1: GENERAL.........................................................................................................................................................4
1. Title.......................................................................................................................................................................4
2. Legislative Authority.............................................................................................................................................4
3. Application of the Law .........................................................................................................................................4
4. Date of enactment.................................................................................................................................................4
5. Commencement ....................................................................................................................................................4
6. Interpretation .......................................................................................................................................................4
PART 2: DAMAGES UNDER THE LAW OF CONTRACT........................................................................................................4
7. Application ...........................................................................................................................................................4
8. Right to damages .................................................................................................................................................4
9. Full compensation.................................................................................................................................................4
10. Measure of damages ..........................................................................................................................................5
11. Certainty of harm.................................................................................................................................................5
12. Foreseeability of harm ........................................................................................................................................5
13. Proof of harm in case of replacement transaction..............................................................................................5
14. Proof of loss by current price..............................................................................................................................5
15. Loss due in part to aggrieved party.....................................................................................................................5
16. Mitigation of loss.................................................................................................................................................6
17. Interest for failure to pay money.........................................................................................................................6
18. Interest on damages ..........................................................................................................................................6
19. Manner of monetary redress ...............................................................................................................................6
20. Currency in which to assess damages................................................................................................................6
21. Agreed payment for non-performance................................................................................................................6
22. Limitation ...........................................................................................................................................................6
PART 3: DAMAGES IN LAW OF OBLIGATIONS .................................................................................................................7
23. Right to damages ...............................................................................................................................................7
24. Full Compensation...............................................................................................................................................7
25. Measure of damages ..........................................................................................................................................7
26. Special cases .....................................................................................................................................................7
27. Certainty of loss...................................................................................................................................................7
28. Forseeability of harm...........................................................................................................................................7
29. Loss due in part to injured party ........................................................................................................................8
30. Mitigation of loss.................................................................................................................................................8
31. Prohibition of double recovery ...........................................................................................................................8
32. Interest on damages ...........................................................................................................................................8
33. Manner of monetary redress ...............................................................................................................................8
PART 4: REMEDIES .......................................................................................................................................................9
CHAPTER 1: GENERAL ..................................................................................................................................................9
34. Remedies stipulated under this Law ..................................................................................................................9
35. Other orders ........................................................................................................................................................9
CHAPTER 2: INTERIM REMEDIES..................................................................................................................................10
36. Orders for interim remedies...............................................................................................................................10
CHAPTER 3: OTHER REMEDIES ...................................................................................................................................11
37. Declarations ......................................................................................................................................................11
38. Injunctions ........................................................................................................................................................11
39. Specific Performance........................................................................................................................................11
40. Damages as additional or substitute remedy....................................................................................................11
41. Accounts ..........................................................................................................................................................12
CHAPTER 4: ENFORCEMENT OF ORDERS AND JUDGMENTS...........................................................................................12
42. Powers of the Court ..........................................................................................................................................12
43. Charging Orders.................................................................................................................................................12
44. Attachment of Future Assets ...........................................................................................................................13
45. Execution against Assets .................................................................................................................................13
46. Appointment of a Receiver................................................................................................................................13
47. Examination of Judgment Debtor.......................................................................................................................13
PART 5: REMEDIES IN THE LAW OF RESTITUTION........................................................................................................13
48. Right to restitution ...........................................................................................................................................13
49. Damages in lieu of restitution...........................................................................................................................14
SCHEDULE 1: .............................................................................................................................................................14
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