Page:Temporary Protection Measures for Business Tenants (COVID-19 Pandemic) Ordinance (Cap. 644).pdf/12

Temporary Protection Measures for Business Tenants (COVID-19 Pandemic) Ordinance Ord. No. 2 of 2022 Section 7 :(j) bringing an action (including a foreclosure action) in a court (including a tribunal) against the landlord;
 * (k) commencing any arbitral proceedings under the Arbitration Ordinance (Cap. 609) against the landlord;
 * (l) presenting a bankruptcy petition under the Bankruptcy Ordinance (Cap. 6) against the landlord;
 * (m) making an application under section 670 of the Companies Ordinance (Cap. 622) for a meeting of creditors to be summoned to agree to a compromise or an arrangement in relation to the landlord;
 * (n) presenting a winding-up petition under the Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap. 32) against the landlord;
 * (o) commencing or levying an execution, distress or other legal proceedings against the landlord’s property; and
 * (p) appointing a receiver or manager over the landlord’s property.

(6) To avoid doubt, a lender is not barred under subsection (3) from taking, or continuing to take, any action on a ground other than the repayment default.

(7) A lender who takes, or continues to take, any action in contravention of subsection (3) commits an offence and is liable on conviction on indictment to a fine—
 * (a) that is equal to twice the amount of the repayment default claimed, in relation to the action concerned, by the lender; and