Skip to Main Content
 
 

Title_of_text

Protection of Wages on Insolvency (Amendment) Ordinance 1994 (No. 5 of 1994)

Main Region

First Region

China
Hong Kong Special Administrative Region
Wages
1994-01-20
National
Law, Act

Second Region

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 region

Serial region

    Serial title
    Government Gazette, Legal Supplement
    Date
    1994-01-21
    Number
    No. 1
    Page range
    pp. A25-A29