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HALNESDAY, APRIL 3, 1985
+ THE IDEA OF APPLYING THE NEW RULE INITIALLY ONLY TO FUTURE NEW RESIDENTIAL BUILDINGS IS PARTLY TO DRAW A LINE BEYOND WHICH THE PRINCIPLE OF SELF-REGULATION WILL APPLY, PARTLY BECAUSE THE APPROVED PLANS OF THE BUILDINGS WILL BE READILY AVAILABLE FOR SCRUTINY, AND PARTLY BECAUSE IN THE CASE OF MULTI-STOREY RESIDENTIAL BUILDINGS IN MULTIPLE OWNERSHIP, INDIVIDUAL UNITS ARE NOW COMMONLY SOLD SUBJECT TO A DEED OF MUTUAL COVENENT WHICH PROVIDES EITHER FOR BUILDING MANAGEMENT OR FOR THE FORMATION OF AN OWNERS' INCORPORATION.
+ IN CASES WHERE INDIVIDUAL UNITS IN BUILDINGS ARE SOLD WITHOUT ANY PROVISION OF MANAGEMENT OR THE FORMATION OF OWNERS' INCORPORATIONS, THE ONUS ON INDIVIDUAL OWNERS WOULD BE GREATER AND THERE IS THE PROBABILITY OF DUPLICATION OF EFFORT IN THAT INSPECTION AND CERTIFICATION WOULD HAVE TO RELATE TO BOTH AN OWNER'S INDIVIDUAL UNIT AND TO THE COMMON AREAS WHICH HE HAS AN UNDIVIDED SHARE.
+THIS SITUATION MIGHT BE AN INDUCEMENT TO OWNERS TO FORM INCORPORATIONS, WHICH IS LIKELY TO IMPROVE THE GENERAL
STANDARD OF BUILDING MANAGEMENT IN THE LONG TERM, + MRS WONG SAID.
1984 RE-EXPORT FIGURES ANALYSED *****
THE VALUE OF RE-EXPORTS REACHED A RECORD OF HK$83 504 MILLION IN 1984, AN INCREASE OF $27 210 MILLION OR 48 PER CENT OVER THE 1983 FIGURE, ACCORDING TO A DETAILED ANALYSIS OF RE-EXPORTS BY MARKET AND BY COUNTRY OF ORIGIN RELEASED TODAY BY THE CENSUS AND STATISTICS DEPARTMENT.
RE-EXPORTS BY MARKET
CHINA REMAINED THE LARGEST MARKET FOR HONG KONG'S RE-EXPORTS IN 1984, WITH A SUBSTANTIAL INCREASE OF $15 882 MILLION OR 130 PER CENT OVER 1983. ANALYSED BY COMMODITY, INCREASES WERE RECORDED IN TEXTILES (BY $3 354 MILLION OR 106 PER CENT) AND TELECOMMUNICATIONS AND SOUND RECORDING AND REPRODUCING APPARATUS AND EQUIPMENT (BY $2 177 MILLION OR 303 PER CENT). ON THE OTHER HAND, DECREASES WERE REGISTERED IN TRANSPORT EQUIPMENT OTHER THAN ROAD AND AIR-CUSHION VEHICLES (BY $56 MILLION OR 67 PER CENT) AND FIXED VEGETABLE OILS AND FATS (BY $45 MILLION OR 73 PER CENT).
SUBSTANTIAL INCREASE