Hong Kong Regulations

GRANT SCHOOLS PROVIDENT FUND RULES - RULE 7A

Special arrangements for grant schools turning into DSS schools

(1) Where a grant school ceases to be a grant school and becomes a DSS school,
a contributor employed in the grant school who commences employment in the DSS
school as a teacher shall have the option of-

   (a)  having his account closed in accordance with rule 13 and receiving
        payment in accordance with rule 14; or

   (b)  continuing to contribute to the fund under these rules.

(2) If the contributor has exercised the option under paragraph

(1)(a), he is not entitled to contribute to the fund when he is employed in
the DSS school.

(3) If the contributor has exercised the option under paragraph

(1)(b) and subsequently commences employment in another DSS school as a
teacher for the first time (since the commencement* of the Grant Schools
Provident Fund (Amendment) Rules 2000 (L.N. 78 of 2000)) in a case other than
that to which paragraph (1) applies, he shall have the option of-

   (a)  having his account closed in accordance with rule 13 and receiving
        payment in accordance with rule 14; or

   (b)  continuing to contribute to the fund under these rules.

(4) If the contributor has exercised the option under paragraph

(3)(a), he is not entitled to contribute to the fund when he is employed in
that other DSS school.

(5) If the contributor has exercised the option under paragraph

(3)(b), he is not entitled to contribute to the fund if he commences
employment in another DSS school as a teacher at a subsequent time in a case
other than that to which paragraph (1) applies. (L.N. 78 of 2000)
___________________________________________________________________ Note:

* Commencement date: 19 May 2000.