Prevention of Bribery Ordinance

Under Section 9 -

• Any agent (owners' corporation (OC) management committee member/employee) solicits or accepts any advantage (such as gift, loan, contract, discount or favour) for doing or forbearing to do any act in relation to his principal's affairs (e.g. conducting a tender exercise) without the permission of his principal (OC/employer) shall be guilty of an offence. Any person who offers such an advantage is also liable.
• Any agent uses any false/erroneous/defective receipt /account/other documents to deceive his principal shall also be guilty of an offence.

Penalty: A maximum fine of $500,000 and imprisonment for 7 years