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Social Security (Financial And Accounting) Regulations

Cap. 44s09 · Revised Edition 2020 · 22 sections

• s. 1Citation
• s. 2Interpretation
• s. 3Benefit Branches
• s. 4Financial autonomy of benefit Branches
• s. 5Financial year
• s. 6Annual Budget
• s. 7Financial authorisations to staff
• s. 8Fidelity bonds
• s. 9Loss, deficiencies and overpayment
• s. 10Internal Audit
• s. 11Periodical reports to Board
• s. 12Accounting System
• s. 13Annual summary accounts
• s. 14Distribution of income of Fund among the Income and Expenditure Accounts of Benefit Branches
• s. 15Distribution of the expenditure of Funds among the Income and Expenditure Accounts of Benefit Branches
• s. 16Reserves to be constituted
• s. 17Level of Reserves and actuarial advice
• s. 18Investment of Reserves
• s. 19Cash working balance
• s. 20Tables of factors for actuarial present values
• s. 21List of investments to supplement the Balance Sheet
• s. 22Audit under section 47 of Act