Incorporation of Owners of Multi-storey Buildings

70. Under the Multi-storey Buildings (Owners Incorporation) Ordinance, a management committee appointed at a meeting of the owners of a building may within fourteen days of such appointment apply to the Land Officer for the registration of the owners as a corporation. Upon incorporation the statutory management scheme provided for by the Ordinance applies to the building in question.

71. During the year 212 corporations were registered, making a total of 312 since 19th June 1970, when the Ordinance came into force. Of these, 160 (comprising 12,294 flats) were in respect of buildings in Hong Kong, and 152 (comprising 15,266 flats) in Kowloon and New Kowloon.

Street Index

72. The 28th Edition of the Index of Streets, House Numbers and Lots in Hong Kong, Kowloon and New Kowloon, familiarly known as the 'Street Index', was compiled by the Land Office in 1967 and published in May 1968. Unlike the previous editions, which consisted of bound volumes, the 28th Edition was published in loose- leaf form, thus affording a convenient means of making successive additions and alterations, particulars of which are contained in noters-up issued by the Land Office at six-monthly intervals. Two such noters-up, being Nos. 7 and 8 in the series, were published in July 1971 and January 1972 respectively.

Fees

73. Owing mainly to the new record number of instruments regis- tered the total Land Office fees collected increased by more than $240,000 over the previous year's total to a new record figure of $2.51m. made up as follows:

Deeds registration and Miscellaneous

Crown leases

+

Consents to sale of units in uncompleted multi-storey

buildings

Registration of multi-storey buildings owners

corporations

...

...

$2,385,378 34,835

68,000

28,395

$2,516,608

!

26

Share This Page