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 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 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).

  • Special contributions may be paid by the MPFA into the account of an employee member, self- employed person or personal account member under the Scheme in accordance with section 19B of the MPF Ordinance.

  • The MPFA may pay the contributions collected in respect of the relevant employee concerned to the Scheme in accordance with section 7AC of the MPF Ordinance.

  • Manulife Global Select (MPF) Scheme (the “Scheme”) is a master trust scheme registered with the MPFA under the MPF Ordinance and authorised by the SFC.

  • An applicant who is an individual relevant employee must indicate in the application form the manner in which he will make his Flexi Retirement Contribution.In addition, the Trustee may enrol a relevant employee to the Scheme for the purpose of section 7AC of the MPF Ordinance.

  • The Conservative Fund, mandated by the MPF Ordinance, aims to provide a rate of return to match the prescribed savings rate published by the MPFA but with no guarantee of capital or interest.

  • The Scheme may be wound up only by the court on application made by the MPFA in accordance with the MPF Ordinance.The winding up of the Scheme will be conducted in accordance with the winding up rules provided in the MPF Ordinance.

  • Every self-employed person must, to the extent required by the MPF Ordinance, from the commencement date of his sub-scheme, pay to the Trustee a mandatory contribution at the prescribed percentage under section 7C of the MPF Ordinance of his relevant income (subject to the maximum level of the relevant income) on a monthly or yearly basis as specified in his application form unless his relevant income falls below the Minimum Level of Relevant Income per month or per year (as applicable).


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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  • Insurance Ordinance means the Insurance Ordinance (Cap. 41 of the Laws of Hong Kong).

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  • Securities and Futures Ordinance means the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong);

  • Companies Ordinance means the Companies Ordinance (Chapter 622 of the Laws of Hong Kong);

  • the Council Regulation means Council Regulation (E.C.) No. 2201/2003 of 27th November 2003 on jurisdiction and the recognition and enforcement of judgments in matrimonial matters and matters of parental responsibility;

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  • PPPFA Regulations means the Preferential Procurement Regulations, 2017 published in terms of the PPPFA.

  • the 2002 Regulations means the Traffic Signs Regulations and General Directions 2002;

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