(2) This Ordinance shall come into operation on a day to be appointed by the Governor by notice in the Gazette, and different days may be so appointed for different provisions and for different purposes.
2. Interpretation
In this Ordinance, unless the context otherwise requires—
“accrued benefits” (累算權益), in relation to a registered scheme, means the amount of each scheme member’s beneficial interest in the registered scheme at any time, derived from the contributions made by or in respect of that scheme member, together with the income or profits arising from any investments thereof, but taking into account any losses in respect thereof;
“Appeal Board” (上訴委員會) means the Mandatory Provident Fund Schemes Appeal Board constituted under section 35;
“apprentice” (學徒) has the same meaning as in the Apprenticeship Ordinance (Cap. 47);
“approved trustee” (核准受託人) means a trustee approved by the Authority under section 20:
“associate” (有聯繫者), in relation to a company or other body corporate, means a person specified in Schedule 8;
“auditor” (核數師) has the same meaning as in the relevant Ordinance;
“Authority” (管理局) means the Mandatory Provident Fund Schemes Authority appointed by the Governor under section 6;
“contract of employment” (僱傭合約) has the same meaning as in the Employment Ordinance (Cap. 57), and “employment” (僱用、受僱) shall be construed accordingly;
“corporate trustee” (公司受託人), in relation to a registered scheme, means a company that is an approved trustee or prospective approved trustee of the registered scheme;
“the court” (法院) means the High Court within the meaning of the Supreme Court Ordinance (Cap. 4);
“employee” (僱員) has the same meaning as in the Employment Ordinance (Cap. 57), other than a person excluded by section 4(2) of that Ordinance, and includes an apprentice and a former employee;
“employer” (僱主) means any person who has entered into a contract of employment to employ another person as his employee;
“employer sponsored scheme” (僱主營辦計劃) means a registered scheme (other than a registered scheme which is a master trust scheme) which is open to membership—
- (a) to the relevant employees of a single employer only; and
- (b) where that employer is a company or other body corporate, to the relevant employees of its associates;
