in section 5 by inserting after subsection (4)

the following

(Cap. 372.)

"(5) A franchise may, with or without

the consent of the grantee, be amended by

the Governor in Council by order in the

Gazette so as to restrict or prohibit the

taking up or setting down of passengers

within the North-west Transit Service Area

or, where the boundaries of that Area are

varied under section 2(3) of the Kowloon-

Canton Railway Corporation Ordinance, to

alter such a restriction or prohibition to

take account of such variation.

(6) In the event of an amendment under

subsection (5) to a franchise causing any

pecuniary loss or damage to the grantee, the

grantee shall, if the amendment was without

his consent, be entitled to full and fair

compensation for such loss or damage in such

amount as may be agreed between the

Commissioner and the grantee or, in the event

of a failure to agree, as may be determined

Share This Page