Hong Kong Ordinances

OCCUPATIONAL RETIREMENT SCHEMES ORDINANCE - SECT 29

Termination and winding up to be notified

(1) Where a registered scheme is terminated or otherwise wound up

(except in pursuance to a court order under section 48), the relevant 
employer and designated person of the scheme shall within 14 days of the
commencement of the winding up or termination process give a notice in writing
of that fact to the Registrar and each member of the scheme.

(2) Any person who without reasonable excuse contravenes subsection

(1) commits an offence and shall be liable on summary conviction to a fine of
$10000. (Enacted 1992)