TNAG-1617-FCO40-2225-Executive-Council-of-Hong-Kong-memoranda-and-minutes-of-meet-1987 — Page 15

grant, or make provision for the grant of,

pensions, gratuities and retirement benefits to

employees;

(b)

provide other benefits for the welfare of

employees and their dependants; and

(c)

make payments, whether or not legally due, to the

personal representatives of a deceased employee

or to any person who was dependent on such

employee at his death.

(2) The Corporation may establish, manage and control

or enter in an arrangement with any company or association

for the establishment, management and control by such

company or association either alone or jointly with the

Corporation of any fund or scheme for the purpose of

providing for the pensions, gratuities, benefits and

payments referred to in subsection (1).

(3) The Corporation may make contributions to any

fund or scheme referred to in subsection (2) and may

require employees to make contributions thereto.

(4) In this section "employees" includes any class of

employee which the Corporation may specify and in

subsection (1) includes former employees.