Hong Kong Regulations

MANDATORY PROVIDENT FUND SCHEMES (GENERAL) REGULATION - SECT 6

What is an approved pooled investment fund for the purposes of this Regulation?

Caution: This is a past version. See the current version here.

(1) An investment fund is an approved pooled investment fund for the purposes
of this Regulation if it is an insurance policy, authorized  unit trust or
authorized mutual fund that-

   (a)  complies with the requirements set out in section 17(2) of Schedule 1;
        and

   (b)  is approved by the Authority.

(2) The granting of an approval in respect of a pooled investment fund is
subject to the payment to the Authority of such fee (if any) as may be
prescribed in the Fees Regulation and to such conditions (if any) as the
Authority considers appropriate. The Authority may vary any such conditions by
written notice given to the investment manager of the investment fund
concerned.