### Mandatory Provident Fund Schemes Ordinance 《強制性公積金計劃條例》

34ZP. Continuing training
(1) The Authority may, in relation to individuals who are subsidiary intermediaries or a class of subsidiary intermediaries, specify—
(a) the training that is to be undertaken by those individuals; and
(b) the time within which the training is to be completed by those individuals,

as the Authority considers necessary for ensuring that those individuals will be able to comply with the performance requirements.
(2) If the Authority is satisfied that an individual has failed to complete the training specified under subsection (1)(a) within the time specified under subsection (1)(b), the Authority may give the individual a notice in writing requiring the individual to complete the training within 30 days beginning on the date on which the notice is given or any longer period specified in the notice.
(3) The Authority may suspend the registration of an individual as a subsidiary intermediary for a period, or until the occurrence of an event, determined by the Authority, if the Authority is satisfied that the individual has failed to comply with a notice given under subsection (2).
(4) If, within 30 days after the suspension takes effect, the individual has not complied with the requirement set out in the notice given under subsection (2), the Authority may revoke the registration of the person as a subsidiary intermediary.
(5) Subsection (6) applies if—
(a) an individual is a subsidiary intermediary attached to another person who is a principal intermediary; and
(b) the registration of the individual as such a subsidiary intermediary is revoked under subsection (4) (subsection (4) revocation

34ZQ. Initiating inspection powers for monitoring compliance
(1) A frontline regulator of a regulated person—
(a) may exercise the powers under section 34ZR for the purpose of ascertaining any matter specified in subsection (2); or
(b) may direct a prescribed person to ascertain any specified matter with those powers.
(2) The following matters are specified for the purposes of subsection (1)—
(a) whether or not the regulated person has complied, or has failed to comply, with the performance requirements;
(b) whether or not the regulated person is complying, or is failing to comply, with those requirements;
(c) whether or not the regulated person is likely, or is unlikely, to be able to comply with those requirements.
(3) If a frontline regulator directs a person under subsection (1)(b) to ascertain any specified matter—
(a) the frontline regulator must provide the person with a copy of the direction; and
(b) the person must, before imposing a requirement under section 34ZR on another person, produce a copy of the direction to that other person.
(4) Even though a frontline regulator has directed a person under subsection (1)(b) to ascertain any specified matter, the frontline regulator may still exercise the powers under section 34ZR for the purpose of ascertaining the specified matter.

### Mandatory Provident Fund Schemes Ordinance 《強制性公積金計劃條例》

34ZS. Inspection powers exercisable in relation to former regulated person
(1) An industry regulator may exercise the powers under section 34ZR for the purpose of ascertaining whether or not a person who was a regulated person of which the industry regulator was formerly the frontline regulator has complied, or has failed to comply, with the performance requirements at any time during the period the industry regulator was the frontline regulator of the person.
(2) An industry regulator may direct any prescribed person to ascertain, with those powers, whether or not a person who was a regulated person of which the industry regulator was formerly the frontline regulator has complied, or has failed to comply, with the performance requirements at any time during the period the industry regulator was the frontline regulator of the person.
(3) This Part is to be construed accordingly.

34ZT. Initiating investigation powers for suspected non-compliance
(1) If a frontline regulator of a regulated person has reasonable cause to believe that the regulated person may have failed to comply with a performance requirement, the frontline regulator—
(a) may exercise the powers under section 34ZU for the purpose of investigating the failure or the question whether or not there has been such a failure; or
(b) may in writing direct a prescribed person to investigate, with those powers, the failure or the question whether or not there has been such a failure.
(2) If a frontline regulator directs a person under subsection (1)(b) in relation to an investigation—
(a) the frontline regulator must provide the person with a copy of the direction; and
(b) the person must, before imposing a requirement under section 34ZU on another person, produce a copy of the direction to that other person.
(3) Before a frontline regulator, or a person directed by a frontline regulator under subsection (1)(b), imposes a requirement under section 34ZU on another person who is a Type A or Type B regulatee of an industry regulator that is not the frontline regulator, the frontline regulator or the person so directed must consult the industry regulator.
(4) Even though a frontline regulator has directed a person under subsection (1)(b) in relation to an investigation, the frontline regulator may still exercise the powers under section 34ZU for the purpose of the investigation.

### Mandatory Provident Fund Schemes Ordinance 《強制性公積金計劃條例》

34ZU. Investigation powers
(1) An investigator may, in writing, require a person specified in subsection (2)—
(a) to produce, within the time and at the place specified in the requirement, any record or document specified in the requirement—
(i) that is or may be relevant to any matter under investigation; and
(ii) that is in the person’s possession;
(b) to attend before the investigator at the time and place specified in the requirement, and answer any question relating to any matter under investigation that the investigator may raise with the person;
(c) to respond to any written question relating to any matter under investigation that the investigator may raise with the person; or
(d) to give the investigator any assistance in connection with the investigation that the person is reasonably able to give.
(2) The person specified for the purposes of subsection (1) is—
(a) a person whom the frontline regulator has reasonable cause to believe may have failed to comply with a performance requirement; or
(b) a person whom the investigator has reasonable cause to believe—
(i) to be in possession of any record or document that contains, or that is likely to contain, information relevant to any matter under investigation; or
(ii) to be otherwise in possession of such information.
(3) If a person produces a record or document in compliance with a requirement imposed under subsection (1)(a), the investigator may require the person to give an explanation or further particulars in respect of the record or document.
(4) If a person gives any answer, response, explanation or particulars in compliance with a requirement imposed under subsection (1) or (3), the investigator may, in writing, require the person to verify within the time specified in the requirement, the answer, response, explanation or particulars by a statutory declaration.
(5) If, for the reason that the information concerned is not within the person’s knowledge or possession, a person does not give any answer, response, explanation or particulars in compliance with a requirement imposed under subsection (1) or (3), the investigator may, in writing, require the person to verify, within the time specified in the requirement, that reason and fact by a statutory declaration.
(6) This section is subject to section 34ZZB(2).