Hong Kong Ordinances

SALE OF GOODS ORDINANCE - SECT 22

Risk prima facie passes with property

Unless otherwise agreed, the goods remain at the seller's risk until the
property therein is transferred to the buyer, but when the property therein is
transferred to the buyer the goods are at the buyer's risk, whether delivery
has been made or not: Provided that where delivery has been delayed through
the fault of either seller or buyer, the goods are at the risk of the party in
fault as regards any loss which might not have occurred but for such fault:
Provided, also, that nothing in this section shall affect the duties or
liabilities of either seller or buyer as a bailee of the goods of the other
party.