Wealth Partaking Scheme 2016

In order to share the fruits of economic development with general public, the Macau SAR government has announced the “Wealth Partaking Scheme 2016”, under which, local permanent residents are entitled to receiving 9,000 patacas and non-permanent residents 5,400 patacas. With the Administrative Regulation No.17/2016 gazetted, the scheme comes into effect on 14 June 2016, and its implementation will officially start in early July. Overview of Disbursement Arrangement: 1.Beneficiaries 1)Holders of valid or renewable Macau SAR Resident Identity Card on 31 December 2015 are entitled to receiving the cash premium. 2)Pursuant to Article 3 (2) of Law No.8/2002 regarding the circumstances of non-compulsory acquisition of resident identity card, persons below the age of 5 on 31 December 2015, will be granted the cash premium upon obtainment of the abovementioned identification document. 3)Holders of valid or renewable Macau SAR Resident Identity Card who are currently residing abroad will be granted the cash premium, provided that they can prove that they are unable to renew their Macau SAR Resident Identity Card due to the reason of bedridden, completely or partly paralyzed. For those who have submitted the documentary proof and were granted the cash premium in the previous year, the Social Welfare Bureau is authorized to exempt them from documents resubmission if it is concluded that no new evidence is needed for the approval of current Scheme after analyzing the existing documents. 4)Macau SAR residents, who are eligible for this scheme, have not received the cash by reason of death, the respective amount can be requested by the administrator of the deceased’s estate, which is required under Article 1917 of the Civil Code for the administration of the deceased estate unit its liquidation and distribution. 2.Modes of distribution 1)Bank transfer The following individuals will have the cash premium disbursed by means of bank transfer: - Persons receiving financial assistance or subsidy for senior citizens from the Social Welfare Bureau; - Teaching staff receiving direct subsidy or subsidy for professional development as well as students in tertiary education receiving student aid from the Student Benefits Fund of the Education and Youth Affairs Bureau; - Retired civil servants receiving retirement pension and other persons receiving aforesaid pension for the family of the deceased; -Persons registered before end of April 2016 for receiving tax reimbursement or other payments from Financial Services Bureau through bank transfer; -Civil servants have not yet registered for receiving tax reimbursement or other payments from Financial Services Bureau through bank transfer. 2)Crossed cheque mailing The rest qualified for being awarded the cash premium will receive the crossed cheque via mail by the Identification Services Bureau. Details are as follows: -Beneficiaries aged 18 or above will each receive a cheque made payable to the beneficiary; -Minor beneficiaries (under the age of 18) will each receive a cheque made payable to the beneficiary, his/her father, and his/her mother, which may be deposited either into the beneficiary’s account, his/her father’s account, or his/her mother’s account. The crossed cheque will be sent via mail so as to enable the beneficiaries to get the cheque in the simplest way. Since it is a crossed cheque, it can only be deposited into the payee’s account, in this way, even if one gets the cheque of others, in no way can the cheque be cashed. 3)Special circumstances The Social Welfare Bureau shall be responsible for the distribution of cash premium to the following persons: persons stated in above 1 (3), minors whose guardianship has not been established, incompetent persons and persons deprived of their liberty by rehabilitative measures or subjected to criminal punishment. 3.Schedule for Distribution * Annex Table 4.Address change for mailing purpose The address of holders of Macau Resident Identity Card in the database of the Identification Services Bureau is the one declared by the resident during his/her replacement for the Macau SAR Resident Identity Card. To ensure that the residents can receive their cheques in time, those who have moved their residence can change their address information in the following ways: -Prior to changing the address, the resident has to provide data for verification by entering his/her identity card number, his/her date of birth and his/her mother’s name (as the names of father and mother are not shown on the identity card), at the Identification Services Bureau website (www.dsi.gov.mo); or -Return directly the declaration for change of address to the Identification Services Bureau. 5. Enquiry of Status of Disburesment -One can check the status of disbursement on the Wealth Partaking Scheme’s official website (http://www.planocp.gov.mo ) by entering his / her ID card number, date of birth and mother’s name, details of the status will be shown after authentication. -The status of disbursement can also be checked at the Self-Services Kiosks of Identification Services Bureau located at 40 different points over Macau, details of the status will be shown after ID and fingerprint authentication. 6. ‎Inquiries and related formalities With an effort to cope with the implementation of the Scheme, any enquiries and assistance regarding procedures associated with the Scheme, residents can visit the Service Centre of Civil and Municipal Affairs Bureau located in Avenida da Praia Grande, China Plaza, 2/F either in person, by telephone or facsimile. The centre will be opened on Monday to Friday (except public holidays) from 9:00 to 18:00 straight. The service hotline and facsimile numbers are 2822 5000 and 2822 3000. The official website and the Financial Services Bureau WeChat official account also provide the most up-to-date information.