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Mandatory Provident Fund Schemes Ordinance (No. 80 of 1995) (Cap. 485).

Main Region

First Region

China
Hong Kong Special Administrative Region
Old-age, invalidity and survivors benefit
1995
Non-Metropolitan Territories
Law, Act

Second Region

An Ordinance to provide for the establishment of non-governmental mandatory provident fund schemes for the purpose of funding benefits on retirement, to provide for contributions to such schemes, to provide for the registration of such schemes, to provide for a regulatory regime in respect thereof, to provide for the creation of a Mandatory Provident Fund Schemes Authority to oversee the administration and management of registered schemes, to exempt certain classes of persons from contributing to registered schemes, to provide for the approval of persons (other than public officers or statutory corporations) as trustees of registered schemes, to provide for the control and regulation of approved trustees, to regulate sales and marketing activities, and the giving of advice, in relation to registered schemes, and to make consequential amendments to other Ordinances including pension related Ordinances, and for connected purposes.

Gradual Entry dates region

    Date of gradual entry into force
    1998-07-24
    Sections 1 to 3, 6 to 6H and 6R to 6T, and Schedules 1A and 1B (L.N. 292 & 293 of 1998)
    Date of gradual entry into force
    1999-03-12
    Sections 6I, 6K to 6Q, 17, 46 to 47A and 48 (L.N. 68 & 70 of 1999)
    Date of gradual entry into force
    2000-12-01
    Sections 4, 7 to 16, 17A to 19, 23, 34 to 34C, 43B, 43C and 49, and Schedules 1, 2 to 4, 7 and 9 (L.N. 119 & 120 of 2000)
    Date of gradual entry into force
    2000-01-03
    Sections 5, 5A and 6U to 6W, and paragraph 14 of Schedule 6 (L.N. 68 & 70 of 1999)
    Date of gradual entry into force
    1999-08-03
    Sections 6J, 20 to 22B, 24 to 33B, 35 to 43A, 43D to 45G and 47B, and Schedules 5 and 5A, Schedule 6 (except paragraph 14) and Schedule 8 (L.N. 68 & 70 of 1999)

Implementing Text region

Amending Text region

Electronic region