1954-HKRS30-8-44_Part03 — Page 13

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Explanatory Note.

(This note is not part of the Order, but is intended to indicate its general purport).

The

This Order lists in the Schedule all current pensionable posts together with the dates from which pansionability first attached to them. Pensionable Offles Orders, 1952 and 1953, are revoked but these revoca- tions do not affect the pensionability of persons who held offices declared as pensionable under those Orders for so long as they continue in those offices, even though such offices are not declared pensionable in the new Order.

(Secretariat 4374/48)

PENSIONS ORDINANCE. (Chapter 89).

THE PENSIONS (AMENDMENT) REGULATIONS, 1954-

In exercise of the powers conferred by section 3 of the Pensions Ordinance, the Governor in Council, with the sanction of the Secretary of State, has made the following regulations-

1. These regulations may be cited as the Pensions (Amend- Citation. ment) Regulations, 1954.

2. Regulation 27 of the Pensions Regulations is amended Amendment by the deletion therefrom of the second proviso.

3.

of regola- tion 27. (Volume IX, page 6).

These regulations shall be deemed to have had effect Commence- from the gth day of December, 1949.

CHILISE

ment

COUNCIL CHAMBER,

Clerk of Councils.

and March, 1954-

Approved this 17th day of March, 1954

Legislative Council.

of the

ину

Deputy Clash of Councils.

Explanatory Note.

(This Note le not part of the regulations, but is intended to indicate their general purport).

Regulation 27 of the Pensions Regulations (Volume 1X, page 6) pro- vides that a daily paid employed may on retirement be paid a gratuity calculated at the rate of 15 times his daily rate of pay at the time of retirement for every completed period of twelve months' service. The second proviso to the regulation however limits the total amount of the gratuity which may be granted to 800 times his daily rate of pay. The effect of this limitation la that a daily paid employee attains his maximum retiring benefit after 20 years' service and thereafter earns no further retiring benefit. It is considered that there is no justification for this limitation and these regulations accordingly abolish it. The regulation are made retrospective to the 9th December, 1949, the date from which regulation 27 has effect.

(Secretariat 4371/53)