MPF Ordinance definition

MPF Ordinance means the Mandatory Provident Fund Schemes Ordinance (Cap. 485 of the laws of Hong Kong).
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MPF Ordinance means the Mandatory Provident Fund Schemes Ordinance (Cap.
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MPF Ordinance means the Mandatory Provident Fund Schemes Ordinance (Cap. 485 of the laws of Hong Kong) and any subsequent amendments.
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Examples of MPF Ordinance in a sentence

  • The information provided will be used in accordance with the relevant MPF Ordinance and/or its Regulations and the same manner as mentioned in the “Personal Information Collection Statement for HSBC Mandatory Provident Fund” (“PICS”).

  • The scheme is a defined contribution scheme effective from December 2000 and is funded by contributions from employer and employees according to the provisions of the MPF Ordinance.

  • The information provided will be used in accordance with the relevant MPF Ordinance and/or its Regulations and the same manner as mentioned in the “Personal Information Collection Statement for Hang Seng Mandatory Provident Fund” (“PICS”).

  • The Scheme was deregistered under section 34D of the MPF Ordinance and terminated on 29 June 2020 (date of termination).

  • The Group will also provide voluntary top-up benefits to employees receiving a monthly basic salary exceeding HK$20,000 which is the relevant income cap as stipulated by the MPF Ordinance.

  • In any case, the CAP will at all times comply with the asset allocation requirements applicable to Core Accumulation Fund (as defined in the MPF Ordinance).

  • Contributions to the MPF Scheme are in accordance with the statutory limits prescribed by the MPF Ordinance.

  • In any case, the A65P will at all times comply with the asset allocation requirements applicable to Age 65 Plus Fund (as defined in the MPF Ordinance).

  • The Trustee Fee and Administration Fee may include a subsidy from the Sponsor and/or Trustee to comply with Section 1 of Schedule 11 to the MPF Ordinance for the purpose of Section 34DD(4) of the MPF Ordinance when deemed necessary.

  • Where sections 12A (6A) and (6B) of the MPF Ordinance apply, subject to the MPF Regulation, the new employer (as that term is defined in the MPF Ordinance) of a member may elect to have the member’s accrued benefits in the Scheme transferred to a registered scheme in which the new employer is a participant (including the new employer’s Employer’s Account in the Scheme) and by giving written notice of the election to the Trustee within the permitted period.


More Definitions of MPF Ordinance

MPF Ordinance means the Mandatory Provident Fund Schemes Ordinance (Cap. 485 of the laws of Hong Kong). "NAV" means net asset value.
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Related to MPF Ordinance

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