### Grant Schools Provident Fund Rules 《補助學校公積金規則》

13B. DSS school contributors ceasing to be contributors
(1) Where a contributor employed in a DSS school opts not to contribute to the fund under rule 7(6) after 10 years of continuous contributory service, his account shall be closed and the amount standing to the credit of his account at the date approved by the Permanent Secretary for the purpose of this rule, including all Government donations, DSS school donations and all dividends that have been declared up to and including that date, shall be paid to him in accordance with rule 14.
(2) Where a contributor employed in a DSS school opts not to contribute to the fund under rule 7(6) after 5 years or more but less than 10 years of continuous contributory service, his account shall be closed and, in accordance with rule 14, the payment due to him as a contributor shall be an amount equal to that contributed by him up to the date approved by the Permanent Secretary for the purpose of this rule, and all dividends that have been declared on that contribution plus an amount equal to the following percentage of all Government donations, DSS school donations and all dividends that have been declared on such donations— (3 of 2003 s. 16)
(a) 50 per cent, if his continuous contributory service is less than 6 years;
(b) 60 per cent, if his continuous contributory service is not less than 6 years but less than 7 years;
(c) 70 per cent, if his continuous contributory service is not less than 7 years but less than 8 years;
(d) 80 per cent, if his continuous contributory service is not less than 8 years but less than 9 years;
(e) 90 per cent, if his continuous contributory service is not less than 9 years but less than 10 years.
(3) Where a contributor employed in a DSS school opts not to contribute to the fund under rule 7(6) after less than 5 years of continuous contributory service, his account shall be closed and an amount equal to that contributed by him up to the date approved by the Permanent Secretary for the purpose of this rule, plus such dividends as have been declared on that contribution, shall be paid to him in accordance with rule 14.
(L.N. 78 of 2000; 3 of 2003 s. 16)

### Grant Schools Provident Fund Rules 《補助學校公積金規則》

15. Accounts
(1) The treasurer shall cause proper accounts to be kept of all transactions of the fund and shall cause to be prepared for every period of 12 months ending 31 August in each year a statement of the accounts of the fund, which statement shall include an income and expenditure account and a balance sheet and shall be signed by the chairman and the treasurer.
(2) The accounts of the fund and the signed statement of the accounts shall be audited by an auditor appointed by the Chief Executive who shall certify the statement subject to such report, if any, as he may think fit. (55 of 2000 s. 3)
(3) A copy of the signed and audited statement of accounts together with the auditor’s report, if any, shall be placed before the board at the annual general meeting of the board next following the expiration of the period covered by such statement, and thereafter be submitted to the Secretary for Education. (L.N. 226 of 1976; L.N. 10 of 1987; L.N. 130 of 2007)
(G.N.A. 116 of 1961)

16. Reports on working of fund
Without prejudice to rule 15, the board shall, whenever required by the Chief Executive to do so, submit to him through the Chief Secretary for Administration a report on the operation of the fund and an audited statement of the accounts of the fund.
(L.N. 87 of 1976; L.N. 226 of 1976; L.N. 362 of 1997; 55 of 2000 s. 3)

17. Decision of doubtful cases
In any case of doubt as to the interpretation or application of these rules the decision of the Administrative Appeals Board shall be final.
(6 of 1994 s. 50)

### Grant Schools Provident Fund Rules 《補助學校公積金規則》

18. Transfer of teachers
(1) In any case in which a contributor commences employment in a subsidized school, without a break in teaching service otherwise than such break as the Permanent Secretary may approve, such teacher shall have the option, on application to the board, of— (L.N. 78 of 2000; 3 of 2003 s. 16)
(a) having his account closed in accordance with rule 13 and receiving payment in accordance with rule 14; or
(b) having his account kept open in accordance with rule 13(3); or
(c) having his account transferred to the Subsidized Schools Provident Fund.
(2) In any case in which a contributory teacher’s employment in a subsidized school or DSS school is terminated and his account in the Subsidized Schools Provident Fund is transferred to the Grant Schools Provident Fund the treasurer shall open a contributor’s account in the Grant Schools Provident Fund in such teacher’s name and shall credit thereto the account so transferred; and such teacher shall for all purposes thereafter be deemed to have been a contributor to the Grant Schools Provident Fund with effect from the commencement of his continuous contributory service within the meaning of the Subsidized Schools Provident Fund Rules (Cap. 279 sub. leg. D). (L.N. 78 of 2000)
(2A) In any case in which a contributor employed in a grant school or DSS school terminates his employment in the grant school or DSS school and commences employment in another school which is a grant school, without a break in teaching service otherwise than such break as the Permanent Secretary may approve, the contributor shall have the option of— (3 of 2003 s. 16)
(a) having his account closed in accordance with rule 13 and receiving payment in accordance with rule 14; or
(b) continuing to contribute to the fund under these rules without closing his account. (L.N. 78 of 2000)
(3) (Repealed L.N. 78 of 2000)(G.N.A. 116 of 1961)