DOMÁCÍAS KINKEKAARTASUNAREN KINDLEVERDIGAN TAIVIERAAN ELKE Kända ERI KAMA KARATE SOLARMONINGA
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The Land Development Corporation Bill 1987 was gazetted on 7 August 1987. The OMELCO Standing Panel on Lands and Works began a study of the principles behind the Bill in the summer recess pending the formation of a Vegee Ad Hoc group.
Legislative Council #roup was subsequently formed on 9 October 1987 to take over from
An Ad foc
the Fanel the study on the Bill.
meetings,
Three
The Fanel and the Ad Hoc group have altogether held 15
with the Administration, with outside organisations,
two
five $ for internal discussions and for the Chinese text, which is not
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for legislation but for dummy run exercise in preparation of the implementation of bilingual legislation.
Members have also considered comments on the Bill received by the Administration from the Town Planning Board, Lands and Buildings Advisory Committee, District Boards, professional institutions and other interested organižations. The Panel and the Ad Hoc froup also enquired into the procedures on development projects carried out by the Hong Kong Housing Society, Mass Transit Railway Corporation and Kowloon-Canton Railway Corporation.
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Having studied the Bill in details and taking into consideration the views expressed by the public, the group gave general support to the Bill, but put forth a number of points, both legal and procedural, to the Administration for consideration.
The group's main areas of concern are
(a)
The concept of designating Urban Renewal Areas (URA) should be abandoned as there would be some psychological impact on the people living in the area, thereby creating uncertainties for owners, tenants and developers, affecting land prices and sale of property. It could cause either false hope and over expectation or bad feeling in people depending on the sites. The area would, in effect, be frozen and no redevelopment by private sector would be carried out. It would also
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