### Bankruptcy Ordinance 《破產條例》

65. Limitation of trustee’s powers in relation to copyright
Where the property of a bankrupt comprises the copyright in any work or any interest in such copyright and he is liable to pay to the author of the work royalties or a share of the profits in respect thereof, the trustee shall not be entitled to sell or authorize the sale of any copies of the work, or to perform or authorize the performance of the work, except on the terms of paying to the author such sums by way of royalty or share of the profits as would have been payable by the bankrupt, nor shall he, without the consent of the author or of the court, be entitled to assign the right or transfer the interest or to grant any interest in the right by licence, except upon terms which will secure to the author payments by way of royalty or share of the profits at a rate not less than that which the bankrupt was liable to pay.
[cf. 1914 c. 59 s. 60 U.K.]

66. Protection of Official Receiver and trustee from personal liability in certain cases
Where the Official Receiver or trustee has seized or disposed of any goods, chattels, property or other effects in the possession or on the premises or under the control of a debtor against whom a bankruptcy order has been made and it is thereafter made to appear that the said goods, chattels, property or other effects were not at the date of the bankruptcy order the property of the debtor, the Official Receiver or trustee shall not be personally liable for any loss or damage arising from such seizure or disposal sustained by any person claiming such property nor for the costs of any proceedings taken to establish a claim thereto, unless the court is of opinion that the Official Receiver or trustee has been guilty of mala fides or of gross negligence in respect of the same.
(Amended 76 of 1996 s. 73)[cf. 1914 c. 59 s. 61 U.K.]

### Bankruptcy Ordinance 《破產條例》

67. Declaration and distribution of dividends
(1) Whenever the trustee has sufficient funds in hand for the purpose he shall, subject to the retention of such sums as may be necessary for the expenses of the bankruptcy, declare and distribute dividends among the creditors in respect of the bankruptcy debts which they have respectively proved. (Replaced 76 of 1996 s. 43)
(2)-(3) (Repealed 76 of 1996 s. 43)(4) Before declaring a dividend, the trustee shall cause notice of his intention to do so to be published by the specified means and shall also send reasonable notice thereof to each creditor mentioned in the bankrupt’s statement who has not proved his debt.
(5) When the trustee has declared a dividend he shall cause to be published by the specified means and shall send to each creditor who has proved a notice showing the amount of the dividend and when and how it is payable. 
(Amended 22 of 2023 s. 31)[cf. 1914 c. 59 s. 62 U.K.]

68. Joint and separate dividends
(1) Where one partner of a firm is adjudged bankrupt, a creditor to whom the bankrupt is indebted jointly with the other partners of the firm, or any of them, shall not receive any dividend out of the separate property of the bankrupt until all the separate creditors have received the full amount of their respective debts.
(2) Where joint and separate properties are being administered, dividends of the joint and separate properties shall, unless otherwise directed by the court on the application of any person interested, be declared together and the expenses of and incidental to such dividends shall be fairly apportioned by the trustee between the joint and separate properties, regard being had to the work done for and the benefit received by each property.
[cf. 1914 c. 59 s. 63 U.K.]

69. Provision for creditors residing at a distance, etc.
(1) In the calculation and distribution of a dividend the trustee shall make provision for debts provable in bankruptcy appearing from the bankrupt’s statements, or otherwise, to be due to persons resident in places so distant from Hong Kong that in the ordinary course of communication they have not had sufficient time to tender their proofs or to establish them if disputed, and also for debts provable in bankruptcy the subject of claims not yet determined. (Amended 47 of 1984 s. 16)
(2) He shall also make provision for any disputed proofs or claims, and for the expenses necessary for the administration of the estate or otherwise.
(3) Subject to the foregoing provisions, he shall distribute as dividend all money in hand.
[cf. 1914 c. 59 s. 64 U.K.]

### Bankruptcy Ordinance 《破產條例》

70. Right of creditor who has not proved debt before declaration of a dividend
Any creditor who has not proved his debt before the declaration of any dividend or dividends shall be entitled to be paid out of any money for the time being in the hands of the trustee any dividend or dividends he may have failed to receive before that money is applied to the payment of any future dividend or dividends, but he shall not be entitled to disturb the distribution of any dividend declared before his debt was proved by reason that he has not participated therein.
[cf. 1914 c. 59 s. 65 U.K.]

71. Interest on debts
(1) Where a bankruptcy debt bears interest, that interest is provable as part of the debt except in so far as it is payable in respect of any period after the commencement of the bankruptcy.
(2) Any surplus remaining after the payment of debts that are proved in bankruptcy shall, before being applied for any other purpose, be applied in paying interest on those debts in respect of the periods during which they have been outstanding since the commencement of the bankruptcy; and interest on preferential debts ranks equally with interest on debts other than preferential debts.
(3) The rate of interest payable under subsection (2) in respect of any debt is whichever is the greater of the following—
(a) the rate specified under section 49 of the High Court Ordinance (Cap. 4) at the commencement of the bankruptcy; and (Amended 17 of 2018 s. 35)
(b) the rate applicable to that debt apart from the bankruptcy.
(4) On any debt or sum certain, payable at a certain time or otherwise, whereon interest is not reserved or agreed for, and which is overdue at the date of the commencement of the bankruptcy, the creditor may prove for interest, at a rate not exceeding the rate specified under section 49 of the High Court Ordinance (Cap. 4), to that date from the time when the debt or sum has become payable, if the debt or sum is payable by virtue of a written instrument at a certain time, and if payable otherwise, then from the time when a demand in writing has been made, giving notice that interest will be claimed from the date of the demand until the time of payment. (Amended 17 of 2018 s. 35)
(Replaced 76 of 1996 s. 44)