The linked exchange rate system was introduced in october 1983. Drawing on the experience of the first 15 years, it then analyses the content of the hong kong basic law, especially in relation to hong kongs political system, the judiciary, and human rights. Sources of contract law open textbooks for hong kong. Pkf doing business in hong kong 4 the basic law further provides, inter alia, that. Those accidents began with the british colonizers agreeing, for reasons of diplomacy. Preliminary agreementsprovisional agreements 108 i. The guide discusses relevant legal principles that inform the. The hong kong commercial law notes are formatted into a stepbystep guide, which you can use as a checklist in your exams to ensure that every element of the exam question is answered. An introduction to hong kong business law by vanessa stott. Lim, professor of law at the university of hong kong and visiting professor at the school of law, kings college london. Our team in hong kong recently developed a hong kong law contract guide. Gittings analyses here the content of the basic law based on experiences in the first 15 years following the 1997 handover to chinese sovereignty, particularly in the areas of hong kongs political system, judiciary and human rights.
Hong kong law contract guide hogan lovells jdsupra. The authorised hong kong chinese law reports with translations with pdf images for all volumes. Hk llb pcll conversion law notes february 10, 2015 as you may know, the faculty of law of the university of hong kong has recently come under a series of criticisms aimed principally at professor johannes chan and his tenure as dean of the faculty of law. The first layer and the third layer of tax on saving exist in the tax system of hong kong. The 16 chapters of the book cover all basic contract concepts in a readerfriendly style, which makes ample use of case illustration. The official business language in hong kong is english and all corporate documents are written in chinese and english.
Top 4 llm programs in hong kong prc 2020 llm guide. Subject description form school of accounting and finance. Contract law in hong kong is the first comprehensive textbook on this topic for more than ten years. The disappearance of the ultra vires doctrine in greater china.
The university of hong kong hku space community college associate degree programmes 201718 course document course title. It states that the chief executive should be chosen by universal suffrage upon nomination by a broadly representative nominating committee as an eventual goal. Disinterested shareholders approval is required to ratify director misconduct. The legal system of the hong kong special administrative. Before the society could make those changes it had to be confident that students had appropriate textbooks from which to study hong kong law, and so it. Paper 6 hong kong business law aim this paper aims at providing students with an awareness of the overall legal framework in which business in hong kong operates and at enabling them to apply the relevant legal rules and practices to business problems and practical situations. Law of the hong kong constitution human rights portal. Welcome to law b855w comparative study of business law 1, one of the compulsory fivecredit courses in the master of laws in chinese business law llm chinese business law programme. Introduction to hong kong law and legal practice course code. This new edition provides readers with updated ordinances and cases, and is divided into six parts, covering key topics for business law such as. All the law parts of the professional examinations now require the student to know the law in hong kong rather than england.
Particular emphasis is placed on what makes hong kong law different from other common law jurisdictions. Wage and salary income earned in hong kong is subject to the salaries tax, which forms the first layer. Download free pdf sample pcll conversion notes and model exams to help you pass your pcll conversion examinations. It includes the subjects that are examined in business law courses. This course focuses on the general concepts and principles of business law in hong kong. The rule of law hong kong has a wellestablished and trusted legal system based on the common law. Contract law in hong kong hong kong university press. The legal system in hong kong from the hong kong department of justice open access. Hong kong common law hong kong is a major international business and financial centre. An introduction to hong kong business law, 5th edition best. In particular, can any conclusion be drawn in regard to attempts to. The faculty of law of the chinese university of hong kong recognizes the regional and international demand for first rate practiceoriented legal training in light of globalization of the worlds markets. Land law in hong kong has been closely linked to land law in england.
In the realm of sale of goods, the laws in many common law jurisdictions are codified, e. It also contains bibliographies of useful secondary sources books and articles on these topics. This makes it easy for foreigners to conduct business in hong kong. An introduction to hong kong business law vanessa stott. To introduce students to the concept of law, with particular reference to the hong kong legal system. Hong kong is vested with executive, legislative and independent judicial powers including that of final jurisdiction. Understand the broad scope of the law, and the diverse ways it interacts with individuals and institutions. Introduction to the hong kong basic law 1st edition by. The hong kong polytechnic university hong kong community college subject description form subject code ccn2108 subject title business law level 2 credit value 3 medium of instruction english prerequisite. Bonnie kong is a partner in the corporate practice of paul hastings and is based in the firms hong kong. However, the hong kong government, practicing the returnsexempt approach, does not charge tax on dividends, interest or capital gains. The hong kong polytechnic university hong kong community.
This introduction traces the origins of the hong kong basic law and the concepts and legal issues that surround it. Abc ltd is a hong kong private company incorporated by tims mother, who transferred a 70% shareholding to tim and made him the only director before she was forced to retire in 2010 due to health reasons. A former journalist who reported on many of the events in the book, prof. As to improve hong kongs competitiveness and attractiveness therefore the government launched a major and comprehensive exercise to rewrite the companies ordinance co in mid2006. She received her ba and ma at cambridge and is admitted as a solicitor in hong. Hong kong retains her status as an international financial centre. However, tim was neither a smart nor industrious person, and he did not have the necessary competence to understand the companys.
Hong kong is an international financial, trade, and investment center on the doorstep of china. The text now reflects the numerous changes made to hong kong law since the publication of the first edition in 2006. The rights and freedoms of hong kong people and others living here are founded on. Upon completion of the course, you may take law b856w comparative study of business law 2, which, together with this. Hong kong corporate law the hong kong institute of.
The law of hong kong is unique, being a common law system preserved, after the handover to. Get the best commercial law notes for the pcll conversion exams. You may find the table of contents to be a quick and useful overview of the law to be applied. This is a onesemester, fivecredit compulsory course for ouhk students studying for the bachelor of business administration bba and bba hons degrees in various business areas. If none of the shareholders are disinterested, director misconduct may be ratified if permissible under common law principles by a unanimous shareholder resolution. In the context of company law, the term ultra vires is normally used. Anne carver is a senior lecturer in the department of professional legal education at the university of hong kong, where she lectures in business law to bba and mba students in the school of business. The law of hong kong is unique, being a common law system preserved, after the handover to china in 1997, within the civil law system of the peoples republic of china prc, under the principle of one country, two systems. Our commercial law pcll conversion notes are the leading online study resource for hong kong pcll conversion examinations. Vanessa stott author of an introduction to hong kong. Pcll conversion notes hong kong commercial law notes.
Vanessa stott is the author of an introduction to hong kong business law 4. Foreign investment resident companies can invest in any industry without government restrictions regardless of the nationalities of their owners. Nigel davis and melanie mitchell, hong kong listed companies. The hong kong institute of chartered secretaries, hong kong corporate law study pack 2. The book law of the hong kong constitution is published in july 2011 and edited by johannes chan sc hon, dean and professor of law at the university of hong kong, and c. Gain an understanding of the basic structure of the hong kong legal system, including how laws are made and enforced. Introduction 1997 will be a momentous year for hong kong a year dominated by the great and historic event. Associate professor of law, school of law, city university of hong kong.
Introduction to the hong kong basic law hong kong lawyer. According to the basic law, hong kong has retained all the fundamental strengths such as independent judiciary, the rule of law and free flow of information and capital that fortifies our success as a highly efficient business city and enhances its attractiveness of access to opportunities in mainland china. Pdf relaxations of contractual privity and the need for third party. An introduction to the hong kong legal system wesleysmith, peter on. Its primary functions include the incorporation of local companies. In most jurisdictions, contract law is not codified, with the notable exception of india. Danny gittings, an introduction to the hong kong basic law hong kong university press, 2009 3. Since the handover, the constitutional framework is provided by the hong kong basic law, which is a national law of the prc and has. Introduction to the hong kong basic law by danny gittings.