Company: CLIK
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001493152-25-019286
Chunk: 54

Company: Click Holdings Ltd.
Filing Date: 2025-10-24
Form: 20-F
Item: Item 4
Chunk 54
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 Ordinance

The
Employees’ Compensation Ordinance (Chapter 282 of the Laws of Hong Kong) (the “ ECO”) establishes a no-fault and non-contributory
employee compensation system for work injuries and lays down the rights and obligations of employers and employees respectively in respect
of injuries or death caused by accidents arising out of and in the course of employment, or by prescribed occupational diseases.

Under
the ECO, if an employee sustains an injury or dies as a result of an accident arising out of and in the course of his employment, his
employer is generally liable to pay compensation even if the employee might have committed acts of faults or negligence when the accident
occurred. Similarly, an employee who suffers incapacity arising from an occupational disease or dies from an occupational disease is
entitled to receive the same compensation as that payable to employees injured in occupational accidents.

Under
the ECO, an employer must notify the Commissioner for Labour of any work accident by submitting the prescribed form (within fourteen
days after the accident for general work accidents and within seven days after the accident for fatal accidents), irrespective of whether
the accident gives rise to any liability to pay compensation. If the happening of such accident was not brought to the notice of the
employer or did not otherwise come to his knowledge within such period of seven or fourteen days (as the case may be), then such notice
shall be given not later than seven days or, as may be appropriate, fourteen days after the happening of the accident was first brought
to the notice of the employer or otherwise came to his knowledge.

The
ECO further provides that all employers are required to take out insurance policies to cover their liabilities under the ECO and common
law for injuries at workplace for all of their employees. An employer failing to do so is liable on conviction upon indictment to a fine
of HK$100,000 (US$12,800) and to imprisonment for two years, and on summary conviction to a fine of HK$100,000 (US$12,800) and imprisonment
for one year.

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Minimum
Wage Ordinance

The
prescribed minimum hourly wage rate (currently set at HK$40.0 (US$5) per hour) for every employee is govern by the Minimum Wage Ordinance
(Chapter 608 of the Laws of Hong Kong) (the “ MWO”). Section 15 of the MWO provides that any provision of employment contract
which purports to extinguish or reduce