[PRIVY COUNCIL]
HUA CHIAO COMMERCIAL BANK LTD. APPELLANT AND CHIAPHUA INDUSTRIES LTD. RESPONDENT
[APPEAL FROM THE COURT OF APPEAL OF HONG KONG]
1986 Oct. 27, 28;
Nov. 25
Lord Bridge of Harwich, Lord Brandon of Oakbrook, Lord Oliver of Aylmerton, Lord Goff of Chieveley and Sir Ivor Richardson
Landlord and TenantAssignment of lease or underlettingEffect of assignmentDeposit payable by tenant at commencement of lease to secure performance of tenant's covenantsLandlord to return deposit to tenant at expiration of term without breach of covenant by tenantWhether obligation to return deposit passing to assignee of reversion
Hong KongLandLeaseDeposit paid by tenant as security for performance of covenantsLandlord's assignment of leaseWhether assignee liable to repay deposit to tenant

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