“…The Code was introduced in 1984 in part as a response to the decision of the Privy Council in Edward Wong v Johnson, Stokes and Master [1984] AC 296 which had exposed the weaknesses in the system for postal completion then in use in Hong Kong. The Code has gone through various editions but we are concerned …”
“…r that person might run off with them leaving the buyer with no remedy against the seller. He referred to Edward Wong Finance Company v Johnson Stokes & Master [1984] AC 296 where the vendor's solicitor absconded with the completion monies and in which the Privy Council commented at p.307H that to address this risk "all that is nee…”