Hong Kong's Contracts (Rights of Third Parties) Ordinance To Commence On 1 January 2016

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Mayer Brown
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The Government has gazetted 1 January 2016 as the commencement date of the Contracts (Rights of Third Parties) Ordinance (the "Ordinance").
Hong Kong Corporate/Commercial Law
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Keywords: Hong Kong, contracts, ordinance, contract rule

The Government has gazetted 1 January 2016 as the commencement date of the Contracts (Rights of Third Parties) Ordinance (the "Ordinance").

The Ordinance radically reforms Hong Kong's long established privity of contract rule. Once it is in force, a third party may, in certain circumstances, be able to enforce a contract to which it is not a party.

We are advising clients to treat now as a lead-in period, and take practical steps to get their contracts ready. To assist, we have been running a number of well-received seminars introducing the Ordinance. We will publicise future dates in due course.

Please see our earlier legal updates:

General

Employment

Insurance

Intellectual Property and Technology, Media & Telecommunications

We will be pleased to discuss the potential impact of the Ordinance on your contracting arrangements.

Originally published 9 June 2015

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This article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein. Please also read the JSM legal publications Disclaimer.

Hong Kong's Contracts (Rights of Third Parties) Ordinance To Commence On 1 January 2016

Hong Kong Corporate/Commercial Law
Contributor
Mayer Brown is a distinctively global law firm, uniquely positioned to advise the world’s leading companies and financial institutions on their most complex deals and disputes. We have deep experience in high-stakes litigation and complex transactions across industry sectors, including our signature strength, the global financial services industry.
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