Hong Kong Ordinances

LAW AMENDMENT AND REFORM (CONSOLIDATION) ORDINANCE - SECT 15A

Charges and mortgages over choses in action

For the avoidance of doubt, it is hereby declared that a person ("the first
person") is able to create, and always has been able to create, in
favour of another person ("the second person") a legal or equitable charge or
mortgage over all or any of the first person's interest in a chose in action
enforceable by the first person against the second person, and any charge or
mortgage so created shall operate neither to merge the interest thereby
created with, nor to extinguish or release, that chose in action. (Added 60 of
1991 s. 2)