Hong Kong Ordinances

MANDATORY PROVIDENT FUND SCHEMES ORDINANCE - SECT 30

Report of auditor

(1) If at any time the Authority reasonably believes that circumstances exist
or have existed that may prejudice the accrued  benefits of a member of a
registered scheme, it may, by written notice served on the approved trustee of
the scheme, require that trustee-

   (a)  to arrange for an auditor (who must be approved by the Authority) to
        investigate whether or not any such circumstances exist or have
        existed and to investigate any other matters relating to the trustee
        or the scheme that may be specified in the notice and to prepare for
        the trustee a report on the investigation; and

   (b)  to provide the Authority, within such period as may be specified in
        the notice, with a copy of the report. (Replaced 4 of 1998 s. 2)

(2) The Authority may publish the report or supply the report to the
scheme member referred to in subsection (1).

(3) Any approved trustee who without reasonable excuse fails to comply with a
notice in writing referred to in subsection (1) commits an offence and is
liable on summary conviction to a fine at level 2. (Enacted 1995)