Source: Hong Kong Government special administrative region
Construction Industry Security of Payment Rules gazetted
“The Ordinance was gazetted on December 27, 2024, and will come into full operation on August 28 this year, with great support from the industry for the upcoming implementation of adjudication provisions under the Ordinance. The Rules provide for the practice and procedure relating to set aside applications and enforcement applications, to facilitate effective handling of relevant applications in the Court, ensuring that adjudication determinations are upheld swiftly and providing parties to adjudication with legal certainty. The formulation of the Rules has taken full account of the views of legal profession, construction industry stakeholders and the Judiciary,” a spokesman for the Development Bureau said.
The Rules will be tabled at the Legislative Council on July 16 for negative vetting. Subject to the completion of the necessary legislative process, the Rules will come into effect on September 5 this year.
Issued at HKT 19:30
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