Mandatory Provident Fund Schemes (Fees) Regulation
(Enacting provision omitted—E.R. 1 of 2013)
[3 August 1999]
(Format changes—E.R. 1 of 2013)
(Omitted as spent—E.R. 1 of 2013)
In item 4 of Schedule 1—
immediately preceding financial period (對上一個財政期), in relation to a registered scheme, means the immediately preceding financial period determined in accordance with section 79 of the Mandatory Provident Fund Schemes (General) Regulation (Cap. 485 sub. leg. A).The amounts set out in column 4 of the Schedules are the fees prescribed in relation to the provisions specified in column 2 of those Schedules.
A fee prescribed in Schedule 2 is payable when an application is lodged with the Authority for the relevant approval.
Item 12 of Schedule 1 as amended by section 4(6) of the Mandatory Provident Fund Schemes (Fees) (Amendment) Regulation 2017 applies to a chargeable period that begins on or after 1 January 2018.
| Item | Relevant section of the Ordinance | Description | Amount | |||
| 1. | 20 | (a) | Fee payable when an application is lodged with the Authority by a company for approval as a trustee | $81,500 | ||
| (b) | Fee payable when an application is lodged with the Authority by a natural person for approval as a trustee | $4,900 | ||||
| 2. | 21 | Fee payable when an application is lodged with the Authority for registration of a provident fund scheme as an employer sponsored scheme or a master trust scheme | $40,000 | |||
| 3. | 21A | Fee payable when an application is lodged with the Authority for registration of a provident fund scheme as an industry scheme | $40,000 | |||
| 4. | 22B | Annual registration fee payable in respect of a registered scheme | An amount equal to— | |||
| (a) | if the immediately preceding financial period of the scheme ends before 1 October 2020—0% of the net asset value of the scheme as at the end of that period; or | |||||
| (b) | if the immediately preceding financial period of the scheme ends on or after 1 October 2020—0.03% of the net asset value of the scheme as at the end of that period (16 of 2020 s. 13) | |||||
| 5. | 34 | Fee payable when an application is lodged with the Authority in respect of the voluntary winding up of an employer sponsored scheme | Nil | |||
| 6. | 34B | Fee payable when an application is lodged with the Authority in respect of the restructuring of a registered scheme (29 of 2002 s. 14) | Nil | |||
| 6A. | 34Q | (a) | Fee payable for obtaining a copy of an entry in the Register or of an extract of such an entry | $10 per entry or extract | ||
| (b) | Fee payable for obtaining a certified copy of an entry in the Register or of an extract of such an entry (16 of 2012 s. 28) | $200 per entry or extract | ||||
| 7. | (Repealed 29 of 2002 s. 14) | |||||
| 8. | 34T | Fee payable when an application is lodged with the Authority for registration as an intermediary for carrying on regulated activities (16 of 2012 s. 28; L.N. 109 of 2017) | $2,340 | |||
| 9. | 34U | Fee payable when an application is lodged with the Authority for registration as an intermediary for carrying on regulated activities for a principal intermediary (16 of 2012 s. 28; L.N. 109 of 2017) | $290 | |||
| 10. | 34V | Fee payable when an application is lodged with the Authority for approval of attachment to a principal intermediary for the purpose of carrying on regulated activities (16 of 2012 s. 28; L.N. 109 of 2017) | $130 | |||
| 11. | 34W | Fee payable when an application is lodged with the Authority for approval as an officer with specified responsibilities in relation to the principal applicant (16 of 2012 s. 28; L.N. 109 of 2017) | $660 | |||
| 12. | 34ZN | (a) | Annual fee payable by a registered intermediary who is a principal intermediary | $1,430 | ||
| (b) | Annual fee payable by a registered intermediary who is a subsidiary intermediary (L.N. 109 of 2017) | $180 | ||||
| Item | Relevant section of the Regulation | Description | Amount |
| 1. | 6 | Approval of a pooled investment fund | $10,000 |
| 2. | 36 | Approval of a constituent fund | $5,000 |
| 3. | 153(1B) | Fee payable for use of designated electronic system (16 of 2012 s. 29) | Nil |
| Item | Relevant section of the Regulation | Description | Amount | ||
| 1. | 5 | Fee payable when an application is lodged with the Authority for an exemption certificate in respect of an ORSO exempted scheme | $600 | ||
| 2. | 16 | (a) | Fee payable when an application is lodged with the Authority for an exemption certificate in respect of an ORSO registered scheme which is a participating scheme of a pooling agreement (L.N. 109 of 2017) | $1,800 | |
| (b) | Fee payable when an application is lodged with the Authority for an exemption certificate in respect of an ORSO registered scheme which is not a participating scheme of a pooling agreement (L.N. 109 of 2017) | $3,700 | |||
| 3. | Schedule 2, section 10 | Fee payable when an annual return is lodged with the Authority | Nil | ||
| 4. | Schedule 3, section 7 | (a) | Fee payable when an application is lodged with the Authority for approval to the appointment of a trustee of a scheme which is a company and is a trustee to which section 5(1)(a) of the Schedule applies | Nil | |
| (b) | Fee payable when an application is lodged with the Authority for approval to the appointment of a trustee of a scheme which is a company but is not a trustee to which section 5(1)(a) of the Schedule applies (L.N. 109 of 2017) | $11,800 | |||
| (c) | Fee payable when an application is lodged with the Authority for approval to the appointment of— | $5,100 | |||
| (i) | a trustee of a scheme who is a natural person; or | ||||
| (ii) | in the case of a trustee of a scheme which is a company but is not a trustee to which section 5(1)(a) or (b) of the Schedule applies, a director of the trustee (L.N. 109 of 2017) | ||||