Hong Kong Regulations

EMPLOYEES' COMPENSATION INSURANCE LEVY (RATE OF LEVY) ORDER - PARAGRAPH 2

Prescribed rate of levy

(Past version on 06/03/1998).
(Past version on 01/01/1998).
(Past version on 30/06/1997).

The rate of the Employees' Compensation Insurance Levy payable on each premium
payable by an insured in respect of any insurance policy issued by an insurer-

   (a)  before the commencement of section 47 of the Occupational 
        Deafness (Compensation) Ordinance ( Cap 469) is 2 %;

   (b)  after the commencement of that section and before 1 January 1998 is
        3.5%; (L.N. 483 of 1997)

   (c)  on or after 1 January 1998 and before 1 April 1998 is 4.5%; (5 of 1998
        s. 22)

   (d)  on or after 1 April 1998 and before 1 July 2002 is 5.3%; (16 of 2002
        s. 33)

   (e)  on or after 1 July 2002 is 6.3%. (16 of 2002 s. 33) (Enacted 1990. 21
        of 1995 s. 47)