Hong Kong Regulations

AIRPORT AUTHORITY BYLAW - SECT 54

Disposal of lost property

(1) All lost property found in the Bylaw Area which comes into the possession
of the Authority shall be dealt with as follows-

   (a)  perishable, noxious or otherwise offensive goods or articles may be
        disposed of by the Authority, as soon as practicable after they have
        come into the Authority's possession, by sale or otherwise as the 
        Authority sees fit;

   (b)  identification and travel documents, certificates or any other
        document which the Authority considers to be of an important or
        confidential nature may be disposed of by the Authority within such
        time they have come into the Authority's possession and in such manner
        as the  Authority sees fit; and

   (c)  all other goods or articles shall be retained by the Authority for a
        period of 3 months after they have come into its possession and, if at
        the end of that period they remain unclaimed, they shall be deemed to
        become the property of the Authority free of all other rights and
        encumbrances, and the Authority may dispose of them by sale or
        otherwise as the Authority sees fit.

(2) If within a period of 6 months of any sale or disposal by the  Authority
under subsection (1)(a) or (c), the former owner or the person formerly
entitled to the beneficial ownership of the goods or articles can establish
his ownership to the satisfaction of the Authority, he shall be paid, subject
to his providing the Authority with an indemnity in retention as the Authority
may reasonably require, the proceeds of sale, if any, less all expenses
incurred by the Authority for and incidental to the sale or disposal.

(3) Save as provided in subsection (2), the Authority shall incur no liability
whatsoever (other than liability for negligence or wilful default) to any
person in respect of lost property as bailees or otherwise and no claim for
damages or compensation shall be brought against it by any person in respect
of the same.