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A new class of exempt persons is added as Item 11. This exempts any person employed in the European Union Office of the European Commission in Hong Kong.
The three notes proposed to be added at the end of Schedule 1, Part I are to clarify the extent to which the exemption is applied to the persons concerned.
Schedule 1. Part II
Exempt Persons
Mr Chairman,
I move that Part II of Schedule I be amended as set out under my name in the paper circulated to Members.
We have always been aware that certain classes of employee or self-employed persons will be difficult administratively to bring into the MPF, at least initially. Even at this stage, we believe that two classes of people, namely domestic employees, irrespective of their place of origin; and self-employed hawkers, should be provided exemption under Part II of Schedule 1 of the Bill. The amendment I propose to this Part will bring this into effect.
Schedules 2, 3 and 9
Mr Chairman, I move that the Schedules 2,3 and 9 be amended as set out under my name in the paper circulated to Members.
The amendments to Schedules 2 and 3 are technical amendments to make it clear what the amounts are per month.
A paragraph is added to section 1 of Schedule 9 to include any sum and interest thereon payable to the MPF Authority in clause 38 of the Bankruptcy Ordinance (Cap. 6) as a consequential amendment to that Ordinance. A similar addition is made to clause 265 of the Companies Ordinance (Cap. 32) in section 2 of Schedule 9.
As drafted, the content of the Companies Ordinance (Cap. 32) in section 2 of Schedule 9 of the Chinese text of the Bill is still in English. An amendment is proposed to provide an authentic Chinese text to this.
End/Thursday, July 27, 1995