Hong Kong Regulations

MANDATORY PROVIDENT FUND SCHEMES (GENERAL) REGULATION - SECT 34

No fees etc. for transfer of accrued benefits other than actual expenses

No fees may be charged, and no financial penalties may be imposed, for
transferring accrued benefits from a registered scheme to another scheme or
from one account to another account within the scheme, other than actual and
reasonable expenses incurred by the trustee as a result of redeeming funds in
connection with the transfer from a unit trust or similar type of investment
and of purchasing units in another such investment, where a difference in
price of the units is normally associated with the redemption of those funds
and the purchase of those units.