Hong Kong Ordinances

TRUSTEE ORDINANCE - SECT 48

Vesting order consequential on order for sale or mortgage of land

Where any court gives a judgment or makes an order directing the sale or
mortgage of any land, every person who is entitled to or possessed of any
interest in the land, or entitled to a contingent right therein, and is a
party to the action or proceeding in which the judgment or order is given or
made or is otherwise bound by the judgment or order, shall be deemed to be so
entitled or possessed, as the case may be, as a trustee for the purposes of
this Ordinance, and the court may, if it thinks expedient, make an order
vesting the land or any part thereof for such estate or interest as the court
thinks fit in the purchaser or mortgagee or in any other person. [cf. 1925
c.19 s.47 U.K.]