TUESDAY, JUNE 26, 1984

3

* THE RELEASE OF SITES WHICH ARE EARMARKED FOR GOVERNMENT/

INSTITUTIONAL AND COMMUNITY USES, BUT FOR WHICH THERE ARE NO DEFINITE DEVELOPMENT PROPOSALS AND PROGRAMMES FOR OTHER TEMPORARY USES.

* THE CONCEPT OF LAND DEVELOPMENT CORPORATIONS AS A VEHICLE

FOR IMPLEMENTING URBAN RENEWAL. THE CONSULTANCY STUDY ON LAND DEVELOPMENT CORPORATIONS IS COMPLETED AND HAS CONCLUDED THAT THERE ARE SUBSTANTIAL ADVANTAGES TO BE GAINED IN APPLYING THIS CONCEPT TO THE REDEVELOPMENT OF THE OLDER URBAN AREAS. THE COMMITTEE, HOWEVER, CONSIDERS THAT FURTHER STUDIES OF DETAIL WILL BE REQUIRED BEFORE A DECISION CAN BE MADE ON WHERE AND WHEN THIS METHOD COULD BE INTRODUCED. IN THE MEANTIME, BASED ON A RECOMMENDATION BY THE COMMITTEE. THE GOVERNMENT HAS RECENTLY ESTABLISHED A CO-ORDINATING URBAN RENEWAL TEAM FOR PLANNING AND IMPLEMENTING AN EXPANDED URBAN RENEWAL PROGRAMME.

IN VIEW OF THE OVERALL LAND SUPPLY SITUATION WHICH INDICATES THAT THERE WILL BE MORE THAN SUFFICIENT LAND SUPPLY TO MEET DEMAND, THE COMMITTEE CONCLUDES THAT IT HAS NOW FULFILLED THE MAIN PURPOSE FOR WHICH IT WAS ORIGINALLY FORMED, AS THE REMAINDER OF ITS WORK PROGRAMME IS LIKELY TO BE COMPLETED IN THE NEAR FUTURE, THE COMMITTEE HAS SUGGESTED THAT THE GOVERNMENT SHOULD NOW REVIEW THE FUTURE ROLE OF THE COMMITTEE.

THE REPORT, WHICH IS PUBLISHED TODAY (TUESDAY) IS ON SALE

AT THE GOVERNMENT PUBLICATIONS CENTRE AT $22.

BILL AIMS AT IMPROVING CONVEYANCING SYSTEM

****

A BILL TO IMPROVE THE SYSTEM OF CONVEYANCING IN HONG KONG WILL BE AMONG SIX BILLS TO BE INTRODUCED IN THE LEGISLATIVE COUNCIL TOMORROW.

TWO OTHER BILLS ARE DUE FOR COMMITTEE STAGE AND FINAL READING.

IN ADDITION, THERE WILL BE AN ADJOURNMENT DEBATE ON THE LEGAL SYSTEM AND THE FUTURE OF HONG KONG+ RAISED BY UNOFFICIAL MEMBER, THE HON MARIA TAM, AS WELL AS 12 QUESTIONS ASKED.

DUE TO BE INTRODUCED AND READ A SECOND TIME ARE:

✶ FOREIGN NOTES (PROHIBITION OF CIRCULATION) (REPEAL)

BILL 1984, TO REPEAL THE FOREIGN NOTES (PROHIBITION OF CIRCULATION) ORDINANCE WHICH HAS BECOME OBSOLETE;

* INLAND REVENUE (AMENDMENT) (NO. 2) BILL 1984, TO THWART

ATTEMPTS TO USE THE OBJECTION OR APPEAL PROCEDURE AS A TAX DEFERRAL DEVICE:

/* CONTEYANCING AND

Share This Page