Hong Kong Ordinances

OCCUPATIONAL RETIREMENT SCHEMES ORDINANCE - SECT 9

Periodic fee for exempted schemes

(1) Where the Registrar issues an exemption certificate in respect of an
occupational retirement scheme, the relevant employer of that scheme shall pay
to the Registrar a prescribed fee which is a periodic fee as may be
appropriate in respect of-

   (a)  such period of 12 months during which the certificate continues to be
        valid and beginning on the first or any subsequent anniversary of the
        date of the certificate; or

   (b)  part of such a period.

(2) A periodic fee payable under subsection (1) shall be paid to the Registrar
not later than 1 month after the first day of the period in respect of which
it is payable.

(3) Where a periodic fee is not paid in accordance with subsection

(2), there shall be chargeable upon the unpaid fee a surcharge equal to the
amount of such unpaid fee which shall be paid together with such unpaid fee to
the Registrar not later than 2 months after the first day of the period in
respect of which the unpaid periodic fee is payable. (Enacted 1992)