Friday, February 9, 1973
Under the new arrangements, the Government will accept the
surrender of land with vacant possession in what is to be known as Special
Acquisition Areas, in exchange for grants of land in places which can
be developed without the provision by the Government of such services
as sewage disposal or water mains,
The Special Acquisition Areas will include all land within the
boundaries of outline zoning plans for Tsuen Wan, Kwai Chung, and Tsing Yi
Island Tuen Mun and Sha Tin.
The only exception will be areas zoned for green belts, but
land designated for country parks will be included and will be eligible for
exchange.
Guiding Rules
Seven guiding rules are set out under which the scheme will
operate. These are:
Land will be exchanged on a foot for foot, or value for
value, basis but the area of land granted will not
exceed the area surrendered.
Land will only be granted in exchange in areas acceptable
to the District Commissioner but the areas will not
include an area covered by an outline zoning plan
(approved or draft), an approved layout plan or an
area designated or likely to be designated as a Special
Acquisition Area.
The applicant will be required to find suitable land to be granted in exchange. He should enquire early on
whether or not an area under consideration would be
acceptable.
The applicant ......
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