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FRIDAY, JULY 5, 1974
BUT, THE SPOKESMAN CONTINUED, WHERE BUILDING AND RE-DEVELOPMENT PLANS CLASED WITH THE REQUIREMENTS OF THE RAILWAY AND HAD TO BE REFUSED, THE TERES OF THE HASS TRANSIT RAILWAY LAND RESUMPTION BILL WERE NO DIFFERENT FROH EXISTING PROCEDURES WHEREBY APPROVAL HAD TO BE REFUSED BECAUSE OF PUBLIC PROJECTS AND PLANS.
+HOWEVER,+ HE SAID, +UNDER THIS. BILL, CERTAIN LOSSES ATTRIBUTABLE TO THE WITHDRAWAL OF APPROVAL OF BUILDING PLANS ARE ELIGIBLE FOR COMPENSATION. IN PRACTICE, THE DIRECTOR OF PUBLIC WORKS WILL ALLOU PRIVATE DEVELOPMENT TO PROCEED WHEREVER POSSIBLE WITHOUT UNNECESSARY DELAY.+
THE SPOKESMAN WENT ON, +ANOTHER FEATURE OF THE BILL IS THAT THE LANDS TRIBUNAL WILL HAVE DISCRETIONARY FOUERS TO AWARD INTEREST ON AN AMOUNT OF COMPENSATION FROM THE DATE IT CONSIDERS FAIR AND JUST. THIS SHOULD RECULT III A CLATANT RECEIVING INTEREST ON COMPENSATION FROM THE TINE UMEN HE LOSES THE USE OF THE LAND OR WHEN DANACE FIRST OCCURS.+
THE BILL ALSO SAYS THAT WHERE RESUMPTION RESULTS IN THE EXTINCTION OF ANY LEGAL RIGHT ENJOYED DY AN OUNER OF LAND THAT IS NOT ACTUALLY RESUMED, THERE CAN DE A CLAIM FOR COMPENSATION.
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FINALLY, THE SPOKESMAN REITERATED, THE PURPOSE OF THE BILL IS TO FROVIDE FAIR AND JUST TERMS FOR THE ACQUISITION OF THE NECESSARY LAND FOR THE MASS TRANSIT RAILWAY AND TO CREATE THE CONDITIONS FOR THE RAILUAY TO BE BUILT.
+1 WOULD EMPHASISE,+ HE CONCLUDED, THAT MUCH OF THE LAND AND PROPERTY HAS ALREADY DEEN ACQUIRED AND THE DILL VILL ENADLE THE RAILWAY, WHICH IS AN ESSENTIAL FEATURE OF HONG KONG'S FUTURE TRANSPORT SYSTEM OF IPORTANCE TO SO MANY PEOPLE, TO GO AHEAD -WITHOUT FRUSTRATION AND DELAY.+
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