1.
+
CONDITIONS
7
End
1.
نه
Sale by private treaty.
Duration of the lease.
The convential New Territories
lease of 75 years from 1898 plus 24 years less 3 days.
Normal Crown Rent for this area which
3.
Crown Rent.
4.
f
5.
is calculated at $200.00 per acre, giving approximately
$12.00 per year.
Premium.
Normal upset premium for the locality which
is 6 cents per square foot or, in this case, approximately
$147.00.
There will be a clause in the agreement prohibiting
assignment and restricting the use to which the land may
be put to educational purposes, the land and buildings
to revert to Government without compensation at any time
these conditions are broken.