Franchise/ Franchisee
Type of franchise
Hong Kong Tramways Operating
Itd.
(HKTI)
Date of grant/extension
right 23. 5.1902
under the Tramway Ordinance (Cap 107) without an expiry date
Mass
Railway
Corporation (MIRC)**
Kowloon Railway
Corporation (KCRC) **
Cross
Transit
Right under the MIRC Ordinance to
26.9.1975
construct
and
mass
operate a
transit railway and
extensions without an expiry date
Canton
Right under the
24.12.1982
KCRC Ordinance to
operate
the
Kowloon-Canton
Railway
and
extensions without
an expiry date
Harbour
A 30-year BOT 1. 9.1969
Expiry Date
31. 8.1999
Turnel Co. Ltd.
franchise
** Not a franchise, but the Chinese have been advised of both MIRC and KCRC.
*
nese side have not been informed.
Remarks
Chinese interests
Operating
right
would remain in
force unless HKG exercises its right
of purchase at 5-year
intervals.
The next opportunity will
be
an
23.5.1997. Governor in Council may give
6 months'
notice
written
to purchase
the tramway.