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MPF intermediaries
MPFMPF Intermediaries ExaminationUnder section 46 of the MPFSO, regulations on matters such as trustee requirements, enrolment and contributions may be made by the:
Answer: Chief Executive in Council. Section 46 empowers the Chief Executive in Council to make regulations, which are subsidiary legislation.Why not the others:• MPFA: the MPFA makes rules under section 47, not regulations under section 46.• SFC, after consulting the MPFA: the SFC has no regulation-making power under the MPFSO.• Legislative Council's Panel on Financial Affairs: the power under section 46 is given to the Chief Executive in Council.Watch out: Candidates give the regulation-making power to the MPFA.Rule: Section 46: CE in Council makes regulations. Section 47: MPFA makes rules. Both are subsidiary legislation.Source: MPF Study Notes, Tenth Edition (June 2026), 2.4.2; Cap. 485 (MPFSO) s 46 (version 5 Oct 2026)
Candidates give the regulation-making power to the MPFA.
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