Hong Kong Ordinances

MANDATORY PROVIDENT FUND SCHEMES ORDINANCE - SECT 7AC

Authority to pay contributions received under section 7AA to approved trustee

The Authority must pay any contribution that is paid to it in respect of a
relevant employee under section 7AA—

   (a)  where the employee is still employed by the employer concerned at the
        time the Authority makes payment—

        (i)    to the approved trustee of the registered scheme nominated by
               the employer for this purpose; or

        (ii)   if the employer has not nominated a registered scheme, to the
               approved trustee of the registered scheme nominated by the
               employee for this purpose; or

        (iii)  if neither the employer nor the employee has nominated a
               registered scheme, to the approved trustee of a
               registered scheme that the Authority considers appropriate; or

   (b)  where the employee has ceased to be employed by the employer concerned
        at the time the Authority makes payment—

        (i)    to the approved trustee of the registered scheme nominated by
               the employee for this purpose; or

        (ii)   if the employee has not nominated a registered scheme, to the
               approved trustee of a registered scheme that the Authority
               considers appropriate. (Added 18 of 2008 s. 5)