The Hong Kong Government received 37 submissions from the public in July 2024 regarding the Construction Industry Security of Payment Bill (“Bill”) and held discussions with deputations from different stakeholders at a LegCo...more
10/8/2024
/ Adjudicatory Process ,
Comment Period ,
Construction Contracts ,
Construction Industry ,
Contract Terms ,
Exceptions ,
Fees ,
General Contractors ,
Hong Kong ,
Insolvency ,
Pay When Paid ,
Pending Legislation ,
Prompt Payment
On 16 July 2024, the Hong Kong LegCo Bills Committee which is considering the Construction Industry Security of Payment Bill (“Bill”) held a meeting to receive representations and submissions on the Bill from deputations sent...more
9/26/2024
/ Construction Contracts ,
Construction Industry ,
Contract Terms ,
General Contractors ,
Hong Kong ,
Insolvency ,
Pay When Paid ,
Prompt Payment ,
Subcontractors ,
Third-Party ,
UK
Our earlier Insight “LegCo in-house lawyers request clarifications regarding the Security of Payment Bill” reported that the Legal Service Division of the LegCo wrote a letter on 19 June 2024 to the HK Government seeking to...more
On 21 June 2024, the Hong Kong LegCo Bills Committee which is considering the Construction Industry Security of Payment Bill (“Bill”) held a meeting to discuss various policy concerns of the Bill....more
On 19 June 2024, the Legal Service Division of the LegCo wrote a letter to the Development Bureau seeking to clarify certain matters in the Construction Industry Security of Payment Bill (“Bill”).
The Legal Service...more
We explored in our earlier Insight Hong Kong Security of Payment Bill gazetted the key provisions of the long-anticipated Construction Industry Security of Payment Bill (“Bill”) which was gazetted on 17 May 2024....more