Wednesday, 26 March 2014

Hong Kong Updates- Privacy of Contract

On 28th February 2014, the government gazetted the Contracts (Rights of Third Parties) Bill. The Bill was introduced into the Legislative Council for first reading on 26th March 2014.

If the Bill is passed, it will enable a third party in some circumstances to enforce a contract to which he is not a party. We will provide further detail once the legislation becomes effective but, in outline, a third party (i.e. someone not a party to a contract) will be able to enforce a right under the contract if the contract has an express term giving the third party that right and if the contract confers a right on that party.

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