Hong Kong Ordinances

SECURITIES AND FUTURES ORDINANCE - SECT 53

Enforcement of judgments over property subject to market charge, etc.

(1) Where property is subject to a market charge or has been provided as
market collateral, no execution or other legal process for the enforcement of
a judgment or order may be commenced or continued, and no distress may be
levied, against the property by a person not seeking to enforce any interest
in or security over the property, except with the consent of the recognized
clearing house concerned.

(2) Where by virtue of this section a person would not be entitled to enforce
a judgment or order against any property, any injunction or other remedy
granted with a view to facilitating the enforcement of any such judgment or
order shall not extend to that property.