In order to share the fruits of economic development with the general public, the Macao SAR government had announced the“Wealth Partaking Scheme 2013”, under which, local permanent residents would receive 8,000 patacas, whereas non-permanent residents 4,800 patacas. With the Administrative Regulation No.11/2013 gazetted, the scheme came into effect on 14 May 2013, and its implementation will officially start in July.
The distribution overview is as follow:
1. Beneficiaries
1) Holders of valid or renewable Macau SAR Resident Identity Card on 31 December 2012 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 2012, will be granted the cash premium upon the obtainment of the abovementioned identification document.
3) Holders of valid or renewable Macao 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 Macao 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 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;
- Civil servants.
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 be the cheque 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.
