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THE HONGKONG GOVERNMENT GAZETTE, 13TH MAY,
Duration of Ordinance.
Cessation of Powere.
Sarget rights.
Commence-
ront of Ordinance.
declarations and agreements as the said Hongkong and Kowloon Wharf and Godown Company, Limited, their administrators or assigns shall think fit and proper.
15. The rights, powers and privileges granted by this Ordinance to the said Hongkong and Kowloon Wharf and Godown Company, Limited, their administrators or assigus, shall continue in force for twenty years to be computed from the date of the proclamation thereof. Provided always that the Governor in Council may, from time to time, so often as the Governor in Council shall think it expedient, by Order, to be published in the Gazette, declare that the duration of such rights, powers and privileges shall be extended for any further term or terms not exceeding ten years at a time, and thereupon such rights, powers and privileges shall continue in force for such extended period.
16. Upon the cessation of the rights, powers and privi- leges granted by this Ordinance, it shall be at the option of the Governor in Council to purchase the Tramways and works by this Ordinance authorised from the said Hongkong and Kowloon Wharf and Godown Company, Limited, their administrators or assigns for a price which shall be exclusive of any allowance for past or future profits of the undertaking, or any compensation for compulsory sale, to be determined in case of difference by two arbitrators to be nominated one by the Governor in Council, and the other by the said Hongkong and Kowloon Wharf and Godown Company, Limited, their administrators or assigns; and in case the said arbitrators cannot agree, by an umpire to be agreed upon between them. If the Governor in Council does not exercise the option to buy within one month of such cessation as aforesaid, the said Hongkong and Kowloon Wharf and Godown Company, Limited, their administrators or assigns shall, at their own expense, remove the said Tramways and works, and restore the site thereof to its former condition, and in the event of their failure to do so within one year of the date of such cessation, it shall be lawful for the Governor in Council to abate and remove the same, and restore the site thereof to its former condition at the cost of the said Hongkong and Kowloon Wharf and Godown Company, Limited, their administrators or assigns, and the amount of such cost shall be a debt due to the Government, and recoverable against the said Hongkong and Kowloon Wharf and Godown Company, Limited, their administrators or assigns accordingly.
17. The powers vested in the Surveyor General (now Director of Public Works), by Section 15 of Ordinance 25 of 1891, shall apply to all roads along or across which any Tramways may be laid down under this Ordinance.
18. Nothing in this Ordinance, otherwise than As specially enacted herein, shall be construed to interfere in any way with any existing rights in the land on which the said Tramways are to be constructed, or the lands or fore- shore adjoining the same, and the rights, powers and privileges given by this Ordinance are so given, saving and reserving always the rights of Her Majesty, and of all bodies politic and corporate, and of all other persons and those claiming by, from, and under them except as herein otherwise provided.
19. This Ordinance shall come into force on a day to be proclaimed by the Governor.
1893.