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Yan Oi Tong welcomes the proposed Charity Law

出自香港新聞網 - 樹仁新傳系學生實習習作

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Yan Oi Tong, a local charity organization welcomed a proposed charities commission to regulate organizations in Hong Kong and to set up a law to govern them.

Mr. Lu Tak Ming, C.E.O of Yan Oi Tong, shared his views on Corporate Governance Challenges of Non-government Welfare Organization in Hong Kong Shue Yan University yesterday. He said that there are many stalls selling products in the name of charity, which are actually looking for profit instead of donating the money for charitable usage on the streets. This phenomenon was due to the law system in Hong Kong.

Recently, the Law Reform Commission of Hong Kong proposed to set up a Charities Commission to regulate charity organizations in Hong Kong and to set up Charity Law to further govern these organizations.

According to the Inland Revenue Ordinance section 88, a list of charitable institutions and trusts of a public character are exempt from tax. However, the quality of this list of organizations is in doubt. He furthered that there is a lack of regulations on the activities of these organizations. When they try to hold an activity, permits are not required from the Social Welfare Department or home Affairs Bureau, thus the quality and the nature of the activities are not well guaranteed, which would lead to fraud easily. However, he added that flag-selling activity is required license from the Social Welfare Department.

In order to prevent from fraud, he recommended individuals go to the government website and check flag selling activities list.

--115126 2013年3月12日 (二) 19:33 (UTC)

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