Hong Kong Ordinances

DEPOSIT PROTECTION SCHEME ORDINANCE - SECT 14

Establishment of Deposit Protection Scheme Fund

PART 4

DEPOSIT PROTECTION SCHEME FUND

(1) There is established by this section a fund to be known as the “Deposit
Protection Scheme Fund” in English and “存款保障計劃基金” in
Chinese.

(2) The Fund is to consist of—

   (a)  contributions and late payment fees collected from Scheme members;

   (b)  money recovered by the Board from, or out of the assets of, Scheme
        members;

   (c)  returns on investments made under section 21;

   (d)  money borrowed by the Board for the purpose of performing its
        functions; and

   (e)  any other money lawfully paid into the Fund.