Originally Posted by
Progress Wanchai
The housing rental levels are contractural. Sometimes you put too much emphasis on numbers while ignoring words. “adjusted to reflect market conditions in Hong Kong” while not being rock solid, is probably why they’ve only been adjusted to reflect market conditions in Hong Kong. Sure, market conditions are currently weak, so there’s no surprise the allowance currently reflects this. That’s exactly what the contract stipulates.
I wish you were right but you are 100% wrong. The HKAOA lawyers and senior counsel advice on two seperate occasions have stated what I have repeated here. Though a former chairman spent an hour on the phone arguing with our lawyers telling them they were all wrong.
Up to you - believe the bush lawyers amongst us, or the legal advice prepared for the HKAOA by specialists in HK labour/employment law!