Housing
[1989 Ed.
(3) As soon as the accounts of the Authority have been audited, the Authority shall send to the Governor a copy of the statement of accounts signed by the Chairman together with a copy of the report made by the auditor on that statement or on the accounts of the Authority.
(4) The Chief Secretary shall lay a copy of every such statement and report on the table of the Legislative Council not later than 31 December next following the end of the financial year or before such later date as the Governor may allow. (Amended 16 of 1988 s. 8)
15. Annual reports
(1) The Authority shall, as soon as possible after the end of each financial year, make to the Governor a report dealing generally with the activities of the Authority during that year.
(2) The Chief Secretary shall lay a copy of every such annual report on the table of the Legislative Council not later than 31 December next following the financial year to which the annual report relates or before such later date as the Governor may allow. (Amended 16 of 1988 s. 9)
16. Leases of land in estates
PART III
DISPOSAL OF PROPERTY
(1) Subject to this Ordinance, the Authority may—
(a) let to any person, for any period, any land in an estate, subject to the payment of such premium, rent or other consideration as the Authority may determine; and
(b) fix the terms, covenants and conditions on which any land in an estate may be let or occupied.
(2) Where the Authority grants a lease under subsection (1) of Crown land in an estate of which control and management has been vested in it under section 5, 37 or 38, the person occupying the land under and in accordance with the lease shall be deemed, for the purposes of sections 4 and 6 of the Crown Land Ordinance (Cap. 28), to be occupying the land under a licence issued under section 5 of that Ordinance.
17. Remission of rent
The Authority may remit, in whole or in part and for such period as it thinks fit, the payment of any rent, premium or other consideration payable under any lease.