HKLII Hong Kong Regulations

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MINOR EMPLOYMENT CLAIMS ADJUDICATION BOARD (SUITORS' FUNDS) RULES - RULE 2

Payment to the Board

(1) All funds to be paid to the Board shall be paid to the registrar.

(2) Except where the circumstances otherwise require, the registrar shall pay
any funds paid to the Board to one account which is not interest earning (to
be called the Minor Employment Claims Adjudication Board Suitors' Funds
Account) at such bank as the Director of Accounting Services shall direct.

(3) An adjudication officer may give a direction to the registrar that an
amount equal to the moneys standing to the credit of a particular person on a
particular date as recorded in the accounts kept pursuant to rule 4 be
transferred from the account referred to in subrule (2) to a separate
interest-bearing account (to be opened in the name of the case) with such bank
as the adjudication officer shall direct and that adjudication officer shall
give a direction to the registrar to pay out any interest accrued, in such
proportion as the adjudication officer shall direct, to the person by whom or
on whose behalf the funds are paid to the Board, or to the person on whose
credit the funds are paid to the Board, or to both. (Enacted 1994)



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