Hong Kong Ordinances

LAW AMENDMENT AND REFORM (CONSOLIDATION) ORDINANCE - SECT 14

Consideration for guarantee need not appear by writing

No special promise made by any person to answer for the debt, default or
miscarriage of another person, being in writing, and signed by the party
charged therewith or some other person by him thereunto lawfully authorized,
shall be deemed invalid to support an action, suit or other proceeding to
charge the person by whom such promise has been made, by reason only that the
consideration for such promise does not appear in writing or by necessary
inference from a written document.

(13 of 1864 s. 4 incorporated. Amended 50 of 1911. Replaced 53 of 1971 s. 2)
[cf. 1856 c. 97 s. 3 U.K.]