Employer fined for breaching MPFS Ordinance
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An employer was fined $24,000 at the Kwun Tong Magistracy today (August 26), after being convicted of an offence under the Mandatory Provident Fund Schemes Ordinance.
In today's hearing, the defendant, Stereo Limited, pleaded guilty to 24 counts of failing to make MPF contributions on time, after making deduction from the income of two employees between May, 2003, and April, 2004. The defendant was fined $1,000 each for the 24 summonses, totalling $24,000.
Ends/Friday, August 26, 2005
Issued at HKT 16:41
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