12.

properties, and for

1: for annual Crown Reut at the rate of £10. per quarter acre which

is the sauce value that was placed

lees

on

the toes eligible Inland Lots of Victoria, in the earliest doups of the Coloing, when building ground did not possess

value it now.

as the

-represents. The 75 year

tenses to date from

new leases.

9.

13

120

resumptions of land may be unavoidable

for

the

laying

streek, and

out

of future.

-

roads aud

1 for the purpose of giving

effect to such other municipal- improvements as may be advisable. upon the conversion of the presect-

gardens into a township,

the issue

of the

10.

We are further of opinion however, that it is not advisable to

convert the present lemporary

aud

· provisional tecures into permanent A general

ones, until a complete and revision of the whole of the boundieries of the lob shall have been.

effected am

with a view to their readjustment in such places where Government

- Cescumptions

The

tenure will

change of to

of teine doubtless toud eventually to metamorphose the entire aspect of this portion of the penineula. With permanent leaseholds, empowering the holders to divide their properties into Pestions and subsections for building purposes,

Kowloon sites would become a marketable commodity, and residences

would in due course spread the whole district. It will therefore be

over

to

:

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