Hong Kong Ordinances

HIGH COURT ORDINANCE - SECT 21

Attachment of debts

(Past version on 30/06/1997).

Adaptation amendments retroactively made - see 25 of 1998 s. 2

(1) A sum standing to the credit of a person in a deposit account in an
authorized financial institution shall, for the purposes of the jurisdiction
of the Court of First Instance to attach debts for the purpose of satisfying
judgments or orders for the payment of money, be deemed to be a sum due or
accruing to that person and, subject to rules of court, shall be attachable
accordingly, notwithstanding that any of the following conditions applicable
to the account, that is to say- (Amended 52 of 1987 s. 15; 25 of 1998 s. 2)

   (a)  any condition that notice is required before any money is withdrawn;

   (b)  any condition that a personal application must be made before any
        money is withdrawn;

   (c)  any condition that a deposit book must be produced before any money is
        withdrawn;

   (d)  any condition that a receipt for money deposited must be produced
        before any money is withdrawn; or

   (e)  any other condition prescribed by rules of court, has not been
        satisfied.

(2) In this section "authorized financial institution" (認可金融機構)
means an authorized institution within the meaning of section 2 of the
Banking Ordinance ( Cap 155). (Added 52 of 1987 s. 15. Amended 49 of 1995 s.
53) [cf. 1956 c. 46 s. 38 U.K.]

"authorized financial institution" (認可金融機構)