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An Acceptance Certificate is a crucial document used in commercial transactions governed by Hong Kong law to formally document the receiving party's acceptance of delivered goods, services, or completed works. The certificate serves multiple purposes: it confirms that the deliverables meet specified requirements, marks the formal completion of delivery obligations, often triggers payment obligations or warranty periods, and provides documentary evidence of acceptance that can be relied upon in future. The document typically includes details of what is being accepted, any conditions or reservations, and relevant dates. Under Hong Kong law, this certificate forms an important part of the contractual documentation and can be crucial in determining when risk and responsibility transfer between parties, making it particularly important in commercial transactions where formal acceptance needs to be documented.
