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176. Powers of Court of First Instance on application to set aside registration

(1) If, on an application to set aside the registration of a judgment, the applicant satisfies the Court of First Instance either that an appeal is pending, or that he is entitled and intends to appeal, against the judgment, the Court, if it thinks fit, may, on such terms as it may think just, either set aside the registration or stay the application to set aside registration until after the expiration of such period as appears to the Court to be reasonably sufficient to enable the applicant to take the necessary steps to have the appeal disposed of by competent court or tribunal.
(2) Where the registration of a judgment is set aside under subsection (1), or solely for the reason that the judgment was not, as at the date of the application for registration, enforceable by execution in the country of the original court, the setting aside of the registration shall not prejudice a further application to register the judgment when the appeal has been disposed of or if and when the judgment becomes enforceable in that country, as the case may be.
(3) Where the registration of a judgment is set aside solely for the reason that the judgment, notwithstanding that it had, as at the date of the application for registration, been partly satisfied, was registered for the whole of any sum payable under the judgment, the Court of First Instance shall, on the application of the judgment creditor, order judgment to be registered for the balance remaining payable at that date.