Hong Kong Ordinances

LAW AMENDMENT AND REFORM (CONSOLIDATION) ORDINANCE - SECT 9

Assignment of debt or chose in action

PART I

(Repealed 62 of 1984 s. 66)

PART II

ASSIGNMENTS

Any absolute assignment, by writing under the hand of the assignor (not
purporting to be by way of charge only), of any debt or other legal chose in
action, of which express notice in writing has been given to the debtor,
trustee or other person from whom the assignor would have been entitled to
receive or claim such debt or chose in action, shall be and be deemed to have
been effectual in law (subject to all equities which would have been entitled
to priority over the right of the assignee if this section, section 11 of this
Ordinance and sections 25 and 49 of the Conveyancing and Property Ordinance (
Cap 219) had not been enacted) to pass and transfer the legal right to such
debt or chose in action from the date of such notice, and all legal and other
remedies for the same, and the power to give a good discharge for the same,
without the concurrence of the assignor: Provided that if the debtor, trustee
or other person liable in respect of such debt or chose in action has had
notice that such assignment is disputed by the assignor or any one claiming
under him or of any other opposing or conflicting claims to such debt or chose
in action, he shall be entitled to call upon the several person making claim
thereto to interplead concerning the same, or he may pay the same into the
court under and in conformity with the provisions of any Ordinance relating to
trustees.

(4 of 1901 s. 8 incorporated. Amended 50 of 1911; 1 of 1912 Schedule; 31 of
1988 s. 30) [cf. 1873 c. 66 s. 25(6) U.K.]