Hong Kong Regulations

BUILDING MANAGEMENT (THIRD PARTY RISKS INSURANCE) REGULATION - SECT 7

Avoidance of certain agreements or arrangements as to liability towards third party

not yet in operation

(1) An agreement made between a corporation and any person is of no effect in
so far as it purports to qualify any prescribed liability of the corporation
in respect of the person or any other person that arises after the agreement
is made.

(2) If a person has willingly accepted as his the risk of negligence on the
part of the corporation, the acceptance does not negative any prescribed
liability of the corporation.

(3) For the purpose of subsection (1), an agreement purports to qualify a
prescribed liability if it purports or might be held—

   (a)  to negative or restrict the liability; or

   (b)  to impose any conditions with respect to the enforcement of the
        liability.

(4) In this section—

   (a)  “agreement” (協議) includes an understanding; and

   (b)  a reference to an agreement being made includes a reference to an
        understanding being reached. “agreement” (協議)