Cap. 49activeordinance

Transfer of Businesses (Protection of Creditors) Ordinance

業務轉讓(債權人保障)條例

Full legislation

s.10

Saving

This Ordinance shall not apply to any transferee where the transfer is
effected—
(a)
by the Official Receiver or a trustee in bankruptcy;
(b)
by the liquidator of a company in liquidation other than voluntary
                liquidation;
(c)
by the Financial Secretary Incorporated;
(Amended
L.N. 369 of
                        1989
)
(d)
by the Permanent Secretary for Education Incorporated;
(Amended
3 of 2003 s. 20
;
L.N. 130 of 2007
)
(e)
by the Director of Social Welfare Incorporated;
(f)
by a person selling under or pursuant to a charge which has been registered for
                not less than 1 year at the date when the transfer takes effect;
(g)
pursuant to any order or direction of any court;
(h)
by an executor or administrator; or
(i)
by operation of law.
Editorial Note:
For the saving and transitional provisions relating to the amendments made by
                the Resolution of the Legislative Council (
L.N. 130 of
                    2007
), see paragraph (12) of that Resolution.