Hong Kong Regulations

PROOF OF DEBTS RULES - RULE 18

(Past version on 30/06/1997).

PROOF IN RESPECT OF DISTINCT CONTRACTS

If a bankrupt was at the date of the bankruptcy order liable in respect of
distinct contracts as a member of 2 or more distinct firms, or as a sole
contractor, and also as member of a firm, the circumstance that the firms are
in whole or in part composed of the same individuals, or that the sole
contractor is also one of the joint contractors, shall not prevent proof in
respect of the contracts, against the properties respectively liable on the
contracts. (L.N. 85 of 1998)
___________________________________________________________________ Notes: 1.
Please see the transitional provisions contained in s. 8 of L.N. 85 of 1998,
which section is reproduced as follows: "8. Transitional

Where before these Rules come into operation-

   (a)  a petition in bankruptcy has been presented; or

   (b)  a receiving order or adjudication in bankruptcy has been made, under
        the Ordinance, then the principal Rules as they existed before being
        amended by these Rules continue to apply to proceedings in respect of
        such a petition, receiving order or adjudication in bankruptcy."

2. L.N. 85 of 1998 came into operation on 1 April 1998.