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5 March 2015
Client Alert | China - Hong Kong | Contract Law
The Contracts (Rights of Third Parties) Ordinance (Cap. 623) (the "Ordinance") was passed and gazetted on 4 December 2014 (Ord. No. 17 of 2014). However, the Ordinance is not yet in force and its start date is yet to be announced.
The Ordinance enables contracting parties to enforce contracting rights on third parties and as such, reforms the current law in Hong Kong and the age-old doctrine of "privity of contract."
With this reform, Hong Kong is following in the footsteps of other common law jurisdictions (namely, England & Wales, Australia, New Zealand and Singapore) that have long adopted third party contractual rights legislation.
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