G.F. 323
CONFIDENTIAL
- 3 -
機密
private land that the commitment can be reduced. In the
final analysis, when all the towns are fully developed,
the commitment should be eliminated, but in the meanwhile
Government's failure to provide land for exchange is the
subject of frequent criticism.
10.
Another criticism of Government policy is that
This
owners of private land which is capable of in-situ development
should be permitted to develop on payment of premium. This
is not permitted: the exchange system puts all landowners
on an equal footing; owners whose land is required for a
public purpose thus have an equal chance for an exchange
as those whose land is zoned for private development.
is fair and treats all alike; a departure from this
principle would further delay the chance for an exchange
of those whose land was not capable of in-situ development.
As noted above, in 1973 a cash system replaced
the exchange system in Kowloon. Attempts have been made
in the New Territories to produce a cash alternative to
exchange by ex-gratia cash offers, first of 10 and more
recently of 17, as an alternative to landowners. This
11.
ex-gratia offer reflected the value that the exchange
system had imparted to agricultural land. However by an
inexorable process the ex-gratia cash offer itself further
CONFIDENTIAL
/enhanced
機密