Hong Kong Ordinances

TRUSTEE ORDINANCE - SECT 29

Protection by means of advertisement

(1) With a view to the conveyance to or distribution among the persons
entitled to any movable or immovable property, trustees or
personal representatives may give notice by advertisement in the Gazette, and
such other like notices, including notices elsewhere than in Hong Kong, as
would, in any special case, have been directed by a court of competent
jurisdiction in an action for administration, of their intention to make such
conveyance or distribution as aforesaid, and requiring any person interested
to send to the trustees or personal representatives within the time, not being
less than 2 months, fixed in the notice or, where more than one notice is
given, in the last of the notices, particulars of his claim in respect of the
property or any part thereof to which the notice relates. (Amended 9 of 1993
s. 7)

(2) At the expiration of the time fixed by the notice the trustees or
personal representatives may convey or distribute the property or any part
thereof to which the notice relates, to or among the persons entitled thereto,
having regard only to the claims, whether formal or not, of which the trustees
or personal representatives then had notice and shall not, as respects the
property so conveyed or distributed, be liable to any person of whose claim
the trustees or personal representatives have not had notice at the time of
conveyance or distribution; but nothing in this section shall-

   (a)  prejudice the right of any person to follow the property, or any
        property representing the same, into the hands of any person, other
        than a purchaser, who may have received it; or

   (b)  free the trustees or personal representatives from any obligation to
        make searches similar to those which an intending purchaser would be
        advised to make or obtain.

(3) This section applies notwithstanding anything to the contrary in the will
or other instrument, if any, creating the trust. [cf. 1925 c. 19 s. 27 U.K.]