Hong Kong Regulations

PENSIONS REGULATIONS - REGULATION 32

Commutation

(Past version on 30/06/1997).

Adaptation amendments retroactively made - see 63 of 1999 s. 3 In lieu of the
grant of a pension or annual allowance there may, with the approval of the
Chief Executive, be granted to an officer if he intends to reside in India or
in China (excluding Hong Kong), a capital sum equal to the amount of 5 annual
payments, but no such capital sum shall ordinarily be paid in any case of
retirement on the ground of ill-health: Provided that for the purposes of this
regulation such annual payments shall be the remaining portions after
deduction of the annual contribution, if any, due in respect of widows and
orphans pension.

(63 of 1999 s. 3)