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Name: Protection of Wages on Insolvency (Amendment) Ordinance 1994 (No. 5 of 1994)
Country: China - Hong Kong Special Administrative Region
Subject(s): Wages
Type of legislation: Law, Act
Adopted on: 1994-01-20
Entry into force:
Published on: Government Gazette, Legal Supplement, 1994-01-21, No. 1, pp. A25-A29
ISN: CHN-1994-L-36263
Bibliography: Government Gazette, Legal Supplement, 1994-01-21, No. 1, pp. A25-A29
Abstract/Citation: Amends the definition relating to severance payment and provides that where an applicant is entitled to a payment under a retirement scheme under his contract of employment with his employer, and an ex gratia payment in respect of a severance payment is made to him under section 16, all his rights and remedies to the retirement scheme payment shall, to the extent of the amount of the ex gratia payment made under section 16, be transferred to and vest in the Board for the benefit of the Fund and the Board may take such steps as it considers necessary to enforce those rights and remedies.
Amended text(s):

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