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THE HONGKONG GOVERNMENT GAZETTE, OCT. 26, 1906.
1927
land for the purposes so specified as aforesaid, without the previous licence or consent of His Majesty, His Heirs, Successors or Assigns signified in writing by the Governor, then it shall be lawful for His Majesty, His Heirs, Successors or Assigns, by the Governor or by any Officer authorized by him in writing, to re-enter on the land, foreshore, and . sea bed included in and demised by such Lease or on any portion thereof in the naine of the whole, and thereupon the same shall be forfeited to and vest in the Crown; the Lease shall also contain in particular a reservation to the Crown of all mines and minerals under the demised lands. The Lease shall also contain a proviso that the lessee is to have the option of renewing the Lease for one further term of 75 years at a Crown Rent to be fixed by the Surveyor of His Majesty the KING.
9. Should the Purchaser of the Lot neglect or fail to comply with these Conditions, his Premium, or any portion thereof which may be paid, shall be thereupon forfeited to His Majesty, who shall be at full liberty either to enforce the Sale, or to re-sell the Property at such time and place, and in such manner as to His Majesty shall seem fit, and in case of a re-sale, the increase, if any, of the Premium or Purchase Money shall be retained by His Majesty, and the deficiency, if any, and all Costs and Expenses shall be made good by the defaulter and be recoverable as liquidated damages, or at the option and pleasure of His Majesty, to re-enter and resume the property as if no sale had ever taken place, in which case also the Premium paid by the Purchaser shall be thereupon wholly forfeited to His Majesty. But such re-entry shall not exonerate the present Purchaser, upon a subsequent re-sale of the property, to make good the deficiency, if any, upon such re-sale, and all Costs and Expenses as ascertained to be recoverable as aforesaid.
10. Possession of the Lot sold shall be given to the Purchaser, and deemed to have been taken by him, on the day of sale.
11. In the event of the Purchaser assigning the benefit of the underwritten Agreement, the assignee shall be bound by the foregoing and following conditions of sale, and alí powers and remedies shall be enforceable against him to the same extent as if such assignee were the original Purchaser.
SPECIAL CONDITIONS.
1. The Purchaser to fill in and reclaim the whole area of the Lot and the area coloured green on the sale plan to such levels as the Director of Public Works may approve and to protect the same on the North-West and North-East sides by substantial Sea Walls or otherwise as that Officer may approve. The work to be completed within Two years of the date of sale and the area tinted green to be handed over to Government within the said period.
2. The Purchaser to make provision for the erection of a post with such stays, &c., as may be required on the North-Eastern boundary of the Lot at a point to be determined by the Director of Public Works for the marking of the Cable Reserve. A right-of-way to be reserved to Government for access to the post for the purpose of attending to the light to be displayed at night. No obstruction to be caused to the view of the present post until the new post has been fixed.
3. Any rights as regards Marine frontage shall extend only to the North-West frontage of the Lot, which measures 150' 4" in length.
4. Permission will be given to the Purchaser to obtain from Crown Land in the vicinity of the Lot, at points approved by the Director of Public Works, the earth required for filling in the areas to be reclaimed. The Purchaser will be required to remove any boulders met with in excavating the earth and must trim off and leave the area in a tidy condition on the completion of his operations.
5. The actual area of the Lot to be ascertained upon completion of the reclamation and the Premium and Crown Rent to be then adjusted in accordance with the rates at which the Lot was sold.
Director of Public Works.