29 Jul 1999
YUEN FUNG DEVELOPMENT LTD. v. QBE INSURANCE (HONG KONG) LTD.
- Citation
- YUEN FUNG DEVELOPMENT LTD. v. QBE INSURANCE (HONG KONG) LTD.
- Court
- Court of First Instance
- Case number
- HCA7477/1999
Section 15(2)(b) must be read as referring to 'contract', and because Schedule 1 expressly excludes contracts of insurance from the operation of sections 7,8 and 9, s.15(1) does not render arbitration clauses in insurance contracts unenforceable; accordingly the arbitration clause in the policy was enforceable and a stay to arbitration was ordered under Arbitration Ordinance s.6.