(S)
3
G
Alfected landlords and tenants
Thirdly, for landlords an owner who affected for tenants
Effered
who had to be rehoused elsewhere, there should be more than one
Λ
alternative for them to choose from, say, for instance: cash
compensation, short-term accommodation provisions, flat for
and so on.
flat exchangesets. The solution to each problem may be different
but they all must be fair and reasonable. If persons affected
are not satisfied about any one of the arrangement suggested, they
(Consolidation) enant O
will then be protected by the Landlord and Tenant Ordinance and the
Crown Lands Resumption Ordinance.
principles
Thirdly, the Bill suggests that the LDC should undertake
urban redevelopment according to commercial principals and that
the LDC can regularly co-operate with private enterprises. What
This is
A
do you asking for as mutual assistance and not exceptional market
competition. there should be a loss incurred by the LDC
=
should be taken up by the Government.
in the other hand
If there should be a
Surplus then it should be turned into either capital or a development
л
fund to be refinvested in other projects or to injected into
to expand its
XXX existing projects to expend that scope, or to undertakel
ove
projects which are not profitable.
Under commercial principles,
when the LDC operates, it should work towards the highest efficiency
and of course there should be more flexibility when it deals with
matters affecting the interests of other people. A necessary-
constrain should be done away with so that the LDC can fulfil
ip
2
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исеку
its task.
become
Sir, the Land Development Corporation will be a landmark
in the progress of the society of Hong Kong and I support the motion
before Council.