HKSI Institute AR2022

香港證券及投資學會 20 Commitments (a) Capital commitments outstanding at 31 March 2022 not provided for in the financial statements were as follows: 2022 2021 Contracted for 已訂約 $ 3,495,279 $ 177,750 $ 3,495,279 $ 177,750 (b) Total future minimum lease payments under non-cancellable operating leases were payable as follows: 2022 2021 Within 1 year 一年內 $ 40,929 $ 86,596 $ 40,929 $ 86,596 21 Contingent liability A part of the grants received by the Institute from the SFC is subject to a repayment clause. The Institute is required to repay HK$5 million or the total grant received, whichever is lower, to the SFC in any given year upon the Institute’s attainment of a reserve (i.e. the General Fund of the Institute) amounting to the higher of (a) HK$50 million or (b) two years of operating expenses, as reflected in the Institute’s annual accounts. Based on a 5 year forecast regarding the financial performance of the Institute, the management do not believe it probable that the Institute will attain the level of reserve that will trigger the repayment clause in the foreseeable future. No provision has therefore been made in respect of the repayment. 22 Material related party transactions Apart from the balances disclosed elsewhere in these financial statements, the Institute received annual membership fees of HK$19,700 (2021: HK$31,700) from the directors of the Institute during the year. 20 承擔 (a) 於二零二二年三月三十一日，尚未 在財務報表提撥的資本承擔如下： (b) 根據不可解除的經營租賃在日後應 付的最低付款總額如下： 21 或有負債 作為本會收到香港證監會的撥款的一部 分，該撥款遵循償還條款。如果本會任 一年度的儲備（即本會的普通基金）達到 高於其年度報表所列示的港幣五千萬元 或兩年的營業費用，本會按要求應向香 港證監會償還港幣五百萬元或獲得的撥 款總額（以孰低者為準）。基於本會財務 業績的五年預測，管理層認為本會在可 預見的未來內不太可能達到履行償還條 款的水準。因此，本會沒有就這項還款 提撥任何撥備。 22 重大關聯方交易 本財務報表他處披露的待結款項外，本 會收到源自本會董事為數港幣 19,700 元 的會員年費（二零二一年：港幣 31,700 元）。 91 二零二二年年報