Hong Kong Ordinances

EMPLOYMENT ORDINANCE - SECT 31

Employer not to enter into contract of employment without reasonable belief that he can pay wages

(1) No person shall enter into, renew or continue a contract of  employment as
an employer unless he believes upon reasonable grounds that he will be able to
pay all wages due under the contract of employment as they become due.

(2) An employer shall, if he ceases to believe upon reasonable grounds that he
will be able to pay all the wages due by him under a contract of employment as
they become due, forthwith take all necessary steps to terminate the contract
in accordance with its terms. (Added 71 of 1970 s. 3)