CONFIDENTIAL ##

LANDS AND WORKS BRANCH QUARTERLY PROGRESS REPORT

1st August 1982 to 31st October 1982

Subject

*4. Land Exchange

Entitlements

(CR 3/3181/77

V)

Purpose

To terminate the issue of new land exchange entitlements for land resumed in the N.T.

Progress Made & Present Position

Memorandum submitted to ExCo on 25 May 1982. ExCo decided that the issue of land exchange entitlements should be terminated from an early date; that the Heung Yee Kuk should be so informed; and that the Regional Secretary (New Territories) and the Director of Lands should discuss with the Heung Yee Kuk the implications of winding-up the present system. A number of meetings

have since been held with the Kuk and consideration is now being given to proposals which have emerged from these meetings including amendments to the existing cash compensation scheme.

Next Quarter Targets

A further submission to ExCo making recommendations

on

(1) the timing of the

abolition of the New Territories land exchange system;

(2) new compensation rates

for land resumed in the New Territories to be introduced when the land exchange system is abolished.

5. Hong Kong

Industrial Estates Corporation Ordinance (Cap. 209) Amendment

(CR 42/01/

33)

To amend the

Ordinance to enable the Hong Kong Industrial Estates Corporation :-

(1) to grant to

Government a

short term lease of part of the

Yuen Long

Industrial

Estate for

temporary housing purpose;

(2) to make part of

the estate

more important item

available for storage purposes.

Draft bill is being circulated.

Enactment of the bill.

GF 323

4.

CONFIDENTIAL #3

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