5432-1906-Ordinance-passed-and-assented-to--Widows-and-Orphans-Pension-Fund-Amendment--No-17-of-1906 — Page 3

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1956

THE HONGKONG GOVERNMENT GAZETTE, NOV. 2, 1906.

according as he is on fall or half pay leave, converted (in the case of dollar salaries) into sterling at the rate of exchange at which such contributor is entitled to receive such salary.

(b.) When a contributor's pension is paid by the Crown Agents, such pension" (a.) if a dollar pension shall be reduced by four per cening of its nominal dollar valne and the balance thus reduced, shall be payable to him, converted into sterling at the rate of exchange at which he is entitled to receive such pension, and (b.) if a sterling pension shall be payable to him reduced by four per centum of his pension.

(4.) In the event of such abatement not being made, every public officer shall pay to the Treasurer or Crown Agents, within fifteen days after the receipt by him of his salary or pension, a sum equal to four per centum upon his monthly salary or pension, or, in the event of any publie officer being on leave without salary, such public officer shall pay, before the fifteenth day of each and every mouth during the continuance of such leave, to the Treasurer or Crown Agents a sum equal to four per centum upon the full salary which he would have received All sums monthly if he had not been on leave. due under the provisions of this sub-section, and the arrears of any contribution due and payable under the provisions of the Principal Ordinance, shall be taken to be a debt due to the Fund by the public officer, aud shall be payable to the Treasurer or Crown Agents, together with interest thereon at six per centuin per annum, forthwith or by such instalments as the directors may determine. The Treasurer or Crown Agents shall, on the written order of the directors or of any two of them, deduct from any moneys which may be or may become due or payable to the public officer by whom such debt is payable the whole or any part of such debt."

4.-Section 11 of the Principal Ordinance is hereby repealed and the following is substituted therefor :-

“H.--(1). Subject to the provisions of this section and of section 35 a public officer who from any cause whatever ceases to belong to the service and retires on pension shall not be called upon to make any further contribution to the Fund beyond a monthly abatement of four per centum on such pension to commence from the date of his retirement until he attains sixty-five, years of age or has been subject to abatement for thirty-five years, when such abatement shall

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(2.) A public officer who, being a bachelor, leaves the service with or without pension on transfer or ou retirement or on dismissal or otherwise shall if he elects to discontinue being a contributor reecive, back half his actual contributions to the Fund without interest thercon : and if a public officer who is a bachelor dies while in the ser- vice one half of the contributions made by him shall be paid without interest to his legal repre- sentative.

(3.) A publie officer being a widower without child- ren pensionable under this Ordinance who leaves the service with or without pension on retirement or on dismissal or otherwise, shall cease to contribute to the Fund, and shall be deemed to have retired therefrom altogether. In any such case one half of the contributions made by such public officer since the death of his last wife or, if at the death of such wife any child remained chargeable to such Fund, after the time when such child ceased to be chargeable thereto, shall be repaid without interest to such public officer,