Part III General and Supplementary

12 Conflict of laws.

(1)

This Act does not have effect in relation to a contract governed by the law of a part of the United Kingdom by choice of the parties if—

(a)

there is no significant connection between the contract and that part of the United Kingdom; and

(b)

but for that choice, the applicable law would be a foreign law.

(2)

This Act has effect in relation to a contract governed by a foreign law by choice of the parties if—

(a)

but for that choice, the applicable law would be the law of a part of the United Kingdom; and

(b)

there is no significant connection between the contract and any country other than that part of the United Kingdom.

(3)

In this section—

“contract” means a contract falling within section 2(1); and

“foreign law” means the law of a country outside the United Kingdom.