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MPF intermediaries
MPFMPF Intermediaries ExaminationRules made by the MPFA under section 47 of the MPFSO, for example on the payment of mandatory contributions, are:
Answer: subsidiary legislation. Rules made pursuant to section 47 of the MPFSO are subsidiary legislation, as are regulations made under section 46.Why not the others:• non-statutory guidance: rules made under section 47 are subsidiary legislation, not guidance.• codes binding MPF intermediaries: section 47 rules are subsidiary legislation, not codes for intermediaries.• valid once approved by the Chief Executive in Council: the MPFA makes these rules itself; the Chief Executive in Council's power is under section 46.Watch out: Candidates treat MPFA rules like guidelines.Rule: Rules and regulations under sections 46 and 47 have the force of law; codes and guidelines supplement them.Source: MPF Study Notes, Tenth Edition (June 2026), 2.4.2; Cap. 485 (MPFSO) s 47 (version 5 Oct 2026)
Candidates treat MPFA rules like guidelines.
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