336
Duration of the Ordi-
nance.
Cessation of
powers, etc., granted by the Ordi-
nance..
Saving of
power to stop roads, etc.
Saving of existing rights in
relation to land, etc.
No. 7.1 THE ORDINANCES OF HONGKONG
[AD 31.
13. The rights, powers, and privileges granted by this Ordinance to the Company and its assigns shall continue in force for twenty years to be computed from the 23rd day of September, 1884: Provided that the Governor-in-Council may from time to time, so often as the Governor-in-Council may 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.
14.-(1.) On the cessation of the rights, powers, and privileges granted by this Ordinance, it shall be at the option of the Governor-in-Council to purchase the tramways and works authorized by this Ordinance from the Company or its 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 arbitrators to be nominated one by the Governor-in-Council and the other by the Company or its assigns; and, in case the said arbitrators cannot agree, by an umpire to be agreed upon between them.
(2.) If the Governor-in-Council does not exercise the option to purchase within one month of such cessation as aforesaid, the Company or its assigns shall, at its or their own expense, remove the said tramways and works and restore the site thereof to its former condition, and, in the event of its or 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 Company or its assigns, and the amount of such cost shall be a debt due to the Government and recoverable against the Company or its assigns accordingly.
15. Nothing in this Ordinance shall be deemed to alter or affect the provisions of any enactment for the time being in force conferring power upon the Director of Public Works with respect to stopping or otherwise dealing with streets and roads.
16. Nothing in this Ordinance, otherwise than as specially enacted herein, shall be construed to interfere in any way with any existing rights in or in relation to any land or any bridge or culvert on or off which the said tramways are to be constructed or the lands or foreshore adjoining the same and the rights, powers, and privileges granted by this Ordinance are so granted, 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.