An Affidavit of Payment is commonly used in Hong Kong when formal proof of payment is required for legal or official purposes. This document is particularly relevant in situations involving dispute resolution, property transactions, business dealings, or any scenario where documented evidence of payment is necessary. The affidavit must be prepared in accordance with Hong Kong legal requirements and sworn before an authorized official such as a Commissioner for Oaths or notary public. It includes specific details about the payment(s) made, the parties involved, and any relevant supporting documentation. The document's sworn nature means it carries significant legal weight and can be used as evidence in court proceedings. It's essential to ensure all information included is accurate and truthful, as false declarations in an affidavit can have serious legal consequences under Hong Kong law.
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1. Title and Introduction: Identifies the document as an Affidavit of Payment and states the declarant's name and basic details
2. Declarant Information: Full legal name, address, and occupation of the person making the affidavit
3. Basis of Knowledge: Establishes how the declarant has direct knowledge of the payment(s) being affirmed
4. Payment Details: Specific details of the payment(s) including amount, date, method, and recipient
5. Declaration of Truth: Standard declaration that the statements made are true and accurate
6. Signature Block: Space for declarant's signature, date, and commissioner for oaths' details and signature
1. Multiple Payment Schedule: Used when affirming multiple payments over a period of time
2. Third Party Authorization: Required when the payment was made on behalf of another party
3. Payment Purpose: Detailed explanation of why the payment was made, used when context is important
4. Outstanding Balance Statement: Used when confirming partial payments of a larger amount
5. Foreign Currency Declaration: Required when payments were made in currencies other than HKD
1. Payment Evidence: Copies of receipts, bank statements, or other proof of payment
2. Transaction Records: Detailed listing of payment transactions if multiple payments are involved
3. Authorization Documents: Any relevant authorization letters or powers of attorney if payments were made on behalf of others
4. Original Agreement: Copy of the original agreement or contract requiring the payment(s)
5. Currency Conversion Records: Documentation of exchange rates used for foreign currency payments
Relevant legal definitions
Clauses
Relevant Industries
Banking and Financial Services
Real Estate
Construction
Legal Services
Corporate Services
Retail
Manufacturing
Import/Export
Professional Services
Government and Public Sector
Relevant Teams
Legal
Finance
Accounts Payable
Treasury
Compliance
Corporate Secretarial
Contract Administration
Credit Control
Risk Management
Operations
Relevant Roles
Financial Controller
Accounts Payable Manager
Legal Counsel
Compliance Officer
Finance Director
Company Secretary
Credit Controller
Treasury Manager
Contract Administrator
Chief Financial Officer
Accounts Manager
Legal Administrator
Property Manager
Project Manager
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