G.F. 323

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CONFIDENTIAL #B

4.

25

Sections 30 and 36 do not apply to the railway

area or any premises therein.

5. Regulations made under section 88 do not apply

to the railway area or any premises therein.

6. Part IX and any regulations made under section

104 do not apply to any sign or advertisement erected

by or on behalf of the Corporation in the railway area.

Explanatory Memorandum

This Bill establishes a corporation, called

the Mass Transit Railway Corporation, to continue with

the design and planning, and undertake the construction

of a mass transit railway, in pursuance of the transport

policy of the Government; and to operate the railway

having regard to the reasonable requirements of the

public transport system of Hong Kong.

The preparatory work connected with the

design, planning and construction of the railway, is

at present being carried out by the Mass Transit

Railway Provisional Authority, established by the Mass

Transit Railway Provisional Authority Ordinance 1974.

That Ordinance is repealed by clause 28 and the Mass

Transit Railway Corporation takes over the functions,

assets and liabilities of the Provisional Authority

(clauses 29 and 30).

CONFIDENTIAL

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