8 Dec 1986
HSIN CHONG CONSTRUCTION CO LTD v. YATON REALTY CO LTD
- Citation
- HSIN CHONG CONSTRUCTION CO LTD v. YATON REALTY CO LTD
- Court
- Court of First Instance
- Case number
- HCCL3/1986
Clause 30(4) gives the main contractor a beneficial interest in the whole retention fund and the employer's right of recourse under the contract extends to the whole fund; therefore no valid distinction can be drawn between the main contractor's and the nominated sub-contractor's proportions and the employer's obligation to appropriate retention moneys ceases to the extent of permitted deductions, the trust continuing only for any balance.