Code : 2015141
Event Name : Forum - Proposed Security of Payment Legislation
CPD Code : Formal Events
Speaker : Sr Dr Paul Ho & Sr Raymond Kam

Sr Dr Paul Ho – Member of Development Bureau Working Group of Security of Payment Legislation, and Chairman of Quantity Surveying Division (2005 – 2006)
Sr Raymond Kam – Chairman of Board of Education (2013 – 2015), and Vice Chairman of Quantity Surveying Division (2014 – 2015)
Event Date : 2015-09-19
Event Time : 9:30 am – 12:30 pm
Registration Closing Date : 2015-09-18
CPD Hour(s) : 3
Divisional PQSL Hour(s) : 3
Venue : Surveyors Learning Centre, Room 1207, 12/F, Wing On Centre, 111 Connaught Road Central, Sheung Wan, Hong Kong
Division : QSD
Organizer : QSD
Fee : HK$120 for members; HK$150 for non-members (HK$30 walk-in surcharge on all prices listed); free of charge for student members (subject to availability)
Priority : QSD Members; First-come-first-served
Language : Cantonese
Details :

The consultation period for the proposed Security of Payment Legislation will expire on 31 August 2015. Development Bureau has replied HKIS that it has no problem of receiving comments of HKIS by 30 September 2015 and taking them into account even though the consultation period shall close on 31 August 2015. HKIS has set up a Working Group to review the proposed legislation. 2 forums have been held on 2 and 20 July 2015 for collecting comments from the members. This forum will be for sharing with the members the study by the Working Group and the various opinions collected. It will be an informative presentation and members are encouraged to come and understand the proposed legislation and the implications it will have on the prevailing contract administration practice. These areas will include the application coverage of the legislation, the proposed statutory payment arrangement, the implications to both payer and payee, and the adjudication for resolving the payment dispute.

Remarks : Notes

Consultation Paper
Payment : HKD 120
Face-to-Face/Zoom : Please refer to the remarks