Hong Kong Ordinances

OCCUPATIONAL RETIREMENT SCHEMES ORDINANCE - SECT 42

Grounds for cancellation of registration

PART VI

CANCELLATION OF REGISTRATION

Where in relation to a registered scheme it appears to the Registrar that-

   (a)  any requirement of section 20 is not complied with;

   (b)  the requirement of section 21 is not complied with;

   (c)  any requirement of section 24 is not complied with;

   (d)  any requirement under section 26(1) is not complied with;

   (e)  any requirement under section 27(7) is not complied with;

   (f)  the requirement of section 28(3) is not complied with;

   (fa) a notice has been given under section 29(1); (Added 53 of 1995 s. 19)

   (g)  any requirement of section 30 is not complied with;

   (h)  the requirement of section 31 is not complied with;

   (i)  any requirement under section 32(1) is not complied with;

   (j)  any requirement under section 33 is not complied with;

   (k)  the requirement of section 37(1) is not complied with;

   (l)  a notice has been given under section 37(2) and no application was
        made under that section as regards the scheme or that an application
        made under that section is refused;

   (m)  a notice has been given under section 39(1) and no undertaking was
        given to the Registrar in accordance with section 39(3);

   (n)  a notice has been given under section 39(2) and no application was
        made under that section as regards the scheme; or

   (o)  on information available to him the cancellation of the registration
        of the scheme will be in the interests of the members of the scheme as
        a whole, the Registrar may issue a proposal to cancel registration of
        the scheme. (Enacted 1992)