Hong Kong Regulations

OCCUPATIONAL RETIREMENT SCHEMES (RECOVERY OF ARREARS) RULES - SECT 11

Financial penalty

(1) The Registrar may impose financial penalty authorized under section
24A(2)(a) of the Ordinance on a relevant employer who fails to pay the arrears
as required in the Registrar's first payment notice by giving written notice
to him.

(2) A notice given for the purposes of subsection (1) shall specify-

   (a)  the arrears that the relevant employer has failed to pay; and

   (b)  the financial penalty imposed.