Hong Kong Ordinances

MANDATORY PROVIDENT FUND SCHEMES ORDINANCE - SECT 10

Maximum level of income for contribution purposes

(Past version on 01/12/2000).

(1) A relevant employee whose relevant income is more than the
maximum level of relevant income is not required to contribute to a
registered scheme in respect of the excess relevant income but he may, if he
so wishes, by notice in writing to his employer elect to do so.

(2) An employer who receives a notice under subsection (1)—

   (a)  must give effect to the election by making deductions and paying
        contributions in respect of the employee in accordance with section 
        7A ; and

   (b)  may also make contributions to the scheme in respect of that excess
        relevant income, but is not obliged to do so.

(3) A relevant employee may not make an election under subsection

(1) in respect of a contribution period during which he is not a member of a
registered scheme as required by section 7.

(4) A self-employed person whose relevant income is more than the
maximum level of relevant income is not required to contribute to a
registered scheme in respect of the excess relevant income. (Replaced 18 of
2008 s. 8)