Hong Kong Ordinances

FACTORS ORDINANCE - SECT 13

Saving for rights of true owner

(1) Nothing in this Ordinance shall authorize an agent to exceed or depart
from his authority as between himself and his principal, or exempt him from
any liability, civil or criminal, for so doing.

(2) Nothing in this Ordinance shall prevent the owner of goods from recovering
the goods from an agent or his trustee in bankruptcy at any time before the
sale or pledge thereof, or shall prevent the owner of goods pledged by an
agent from having the right to redeem the goods at any time before the sale
thereof, on satisfying the claim for which the goods were pledged, and paying
to the agent, if by him required, any money in respect of which the agent
would by law be entitled to retain the goods, or the documents of title
thereto, or any of them, by way of lien as against the owner, or from
recovering from any person with whom the goods have been pledged any balance
of money remaining in his hands as the produce of the sale of the goods after
deducting the amount of his lien.

(3) Nothing in this Ordinance shall prevent the owner of goods sold by an
agent from recovering from the buyer the price agreed to be paid for the same,
or any part of that price, subject to any right of set-off on the part of the
buyer against the agent.