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74.5—(1) Subject to paragraphs (2) and (3), section II of Part 25 applies to an application for security for the costs of—
(a)the application for registration;
(b)any proceedings brought to set aside the registration; and
(c)any appeal against the granting of the registration,
as if the judgment creditor were a claimant.
(2) A judgment creditor making an application under the 1982 Act or the Judgments Regulation may not be required to give security solely on the ground that he is resident out of the jurisdiction.
(3) Paragraph (1) does not apply to an application under the 1933 Act where the relevant Order in Council otherwise provides.
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