Cap. 630 · Social Enterprise Act (Cap. 630)
Cap. 630 Art. 6Benefits.
(1) A social enterprise organisation may, subject to the observance of this Act and to applicable provisions of law, enjoy the benefits contemplated by this Act and any regulations made thereunder.
(2) Upon receiving benefits, it shall not be possible for a social enterprise organisation to transfer or assign in whole or in part any benefit granted by virtue of this Act to any other person.
(3) When granting benefits to social enterprise organisations, the Government or any other entity shall consult and may rely on the information contained in the Register of Social Enterprise Organisations maintained by the Regulator.
(4) In the event that a social enterprise organisation does not operate as such in the twelve consecutive months following the receipt of any benefit, and is subsequently removed from the Register in accordance with this Act, such social enterprise organisation shall refund any benefits received with reference to the period during which it did not operate and failure to do so shall constitute an offence under this Act. This article shall apply in accordance with regulations and guidelines which may be issued from time to time.