Company: GLXG
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001213900-25-102144
Chunk: 97

Company: Galaxy Payroll Group Ltd
Filing Date: 2025-10-24
Form: 20-F
Item: Item 4
Chunk 97
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aries of the relevant laws and regulations which are relevant to our business in Hong Kong, the PRC, Macau and Taiwan.

LAWS AND REGULATIONS RELATING TO OUR BUSINESS
IN HONG KONG

Employment Ordinance (Chapter 57 of the Laws
of Hong Kong) and Employment Agency Regulations (Chapter 57A of the Laws of Hong Kong)

The Employment Ordinance
(Chapter 57 of the Law of Hong Kong) (the “ EO”) regulates the conditions of employment in Hong Kong, all employees covered
by the EO are entitled to basic protection under the EO including but not limited to payment of wages, restrictions on wages deductions
and the granting of statutory holidays. Our Group is subject to the requirements under the EO relating to the payment of wages to both
our employees and the employees of our clients. Our Group is further subject to the requirements under the Part XII of the EO and the
employment agency regulations (Chapter 57A of the Laws of Hong Kong) (“ EAR”) relating to the operation and management of an
employment agency.

Under section 22 of the EO,
in the absence of any express agreement to the contrary, the wage period of a contract of employment is deemed to be 1 month. Under section
23 of the EO, wages shall become due on the expiry of the last day of the wage period and shall be paid as soon as is practicable but
in any case not later than 7 days thereafter.

Under the section 23 of the
EO, an employer shall pay wages to the employee under a contract of employment as soon as is practicable but in any case not later than
seven days after the last day of the wage period. Any employer who willfully and without reasonable excuse contravenes such requirement
commits an offence and is liable on conviction to a maximum fine of HKD350,000 (US$44,809) and to imprisonment for three years.

Under section 24 of the EO,
where a contract of employment has been completed, wages and any other sum payable in respect of his contract shall be due to him on the
day of the completion of the contract and shall be paid as soon as is practicable but in any case not later than 7 days thereafter.

Under section 25(1) and (2)
of the EO, where a contract of employment is terminated, any sum due to the employee, which includes, amongst others, the equivalent of
the amount earned by the employee for work done over the period