||Title:||Mandatory Provident Fund Schemes Ordinance||Gazette Number:||E.R. 1 of 2013|
|Section:||30||Heading:||Report of auditor||Version Date:||25/04/2013|
(1) If at any time the Authority reasonably believes that circumstances exist or have existed that may prejudice the accrued benefits of a member of a registered scheme, it may, by written notice served on the approved trustee of the scheme, require that trustee-
(a) to arrange for an auditor (who must be approved by the Authority) to investigate whether or not any such circumstances exist or have existed and to investigate any other matters relating to the trustee or the scheme that may be specified in the notice and to prepare for the trustee a report on the investigation; and
(2) The Authority may publish the report or supply the report to the scheme member referred to in subsection (1).
(b) to provide the Authority, within such period as may be specified in the notice, with a copy of the report. (Replaced 4 of 1998 s. 2)
(3) Any approved trustee who without reasonable excuse fails to comply with a notice in writing referred to in subsection (1) commits an offence and is liable on summary conviction to a fine at level 2.