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 Trustee may at any time make and vary arrangements for the borrowing by the Trustee for the account of any Constituent Fund of any currency, subject to and in accordance with the MPF Ordinance and the Regulation.

  • Subject to the MPF Ordinance, the Trustee shall have full power conclusively to determine whether or not any person is entitled to any benefit from time to time under the Plan and the amount of any such benefit and also conclusively to determine all questions and matters of doubt arising under or in connection with the Plan and the assets for the time being belonging to the Plan and whether relating to the construction thereof or otherwise.

  • Subject to the MPF Ordinance and the Regulation, with the prior approval of the Authority and subject as otherwise provided in this Deed or any Participation Agreement, in relation to any Switching Instruction or Rebalancing Instruction given pursuant to Clause 20 the Trustee may in consultation with the Principal Employer levy on the relevant Member a switching fee / rebalancing fee (as applicable) which may be retained by or paid to the Trustee for its own absolute use and benefit.

  • The Trustee shall be authorized to administer the Plan in accordance with the terms and conditions of this Deed, any relevant Participation Agreements and all applicable laws, rules and regulations, including without limitation the MPF Ordinance and the Regulation.

  • Where such fees, charges or expenses are paid by the Trustee including such fees otherwise payable to the Trustee save for the restrictions applicable to the MPF Conservative Fund under the MPF Ordinance or the Regulation, the Trustee shall have a right of recourse against the Paying Party for reimbursement of any such amounts paid.

  • Nothing in this Deed shall limit the power of the Authority to remove the Trustee and appoint a new Trustee of the Plan pursuant to the MPF Ordinance.

  • Where as a result of amendment to the MPF Ordinance or the Regulation such restrictions or limitations are further restricted, the revised restrictions and limitations shall apply in respect of each Constituent Fund on the expiry of such transitional period (if any) as may be specified in the amending legislation.

  • The assets of which the Plan for the time being consists shall be the only source to which persons who acquire rights under the Plan may look for the payment of any monies due to them pursuant to such rights provided that nothing herein shall be deemed to affect any rights such persons may have under or pursuant to the MPF Ordinance or against any relevant Employer.

  • Any modification which alters, amends, extends, modifies or adds to the trusts, powers or provisions of this Deed or any Participation Agreement to reflect (in whole or in part) the trusts, powers or provisions permitted by the MPF Ordinance or the Regulation (including to give effect to any relaxation of any requirement imposed by the Ordinance and/or any subsidiary legislation or requirements relating thereto) shall be deemed not to be prejudicial to the interests of Members.

  • Notwithstanding any other provision of this Deed, in respect of a DIS Fund, any payment for services and payment for out-of-pocket expenses may only be charged to or imposed on the DIS Fund or a Member who invests in the DIS Fund, in the manner and to the extent as permitted under section 34DD of the MPF Ordinance.


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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  • Corporations Regulations means the Corporations Regulations 2001 (Cth).