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FRIDAY, JUNE 27, 1986

HE POINTED OUT THAT COMPUTERISATION WOULD ALSO AVOID NON-AVAILABILITY OF REGISTER CARDS, AS COULD HAPPEN UNDER A MANUAL SYSTEM, AND REDUCE THE TIME REQUIRED FOR REGISTRATION OF AN INSTRUMENT FROM ABOUT 35 DAYS AS AT PRESENT TO ABOUT 10 DAYS.

+SOLICITOR FIRMS, ACCOUNTING FIRMS, REAL ESTATE AGENCIES AND DEVELOPERS WHO MAKE LAND SEARCHES REGULARLY AND FREQUENTLY WILL IN THE NEAR FUTURE ALSO BE ABLE TO OBTAIN INFORMATION FROM OUR COMPUTER AT A FEE SIMPLY BY INSTALLING A TERMINAL IN THE IR OFFICES, HE SAID.

+THIS WILL SAVE THE TIME OF BOTH THE IR STAFF AND OURS, + HE NOTED.

NEVERTHELESS, HE STRESSED THAT COMPUTERISATION WOULD NOT ADD TO THE AMOUNT OF INFORMATION THAT MIGHT BE GIVEN TO MEMBERS OF THE PUBLIC OR OTHER GOVERNMENT DEPARTMENTS ABOUT INDIVIDUAL PROPERTY DEAL INGS, BUT WOULD SIMPLY FACILITATE ACCESS TO THAT INFORMATION NOW AVAILABLE.

THE SPOKESMAN SAID THAT WHEN COMPLETED, THE COMPUTER ISED SYSTEM WOULD RESULT IN AN ANNUAL SAVING OF ABOUT $6 MILLION IN STAFF COSTS AND $1.3 MILLION IN ACCOMMODATION COSTS.

WHILE THE PROGRAMME WOULD ONLY INVOLVE THE COMPUTER ISATION OF ALL HISTORICAL AND CURRENT PARTICULARS OF URBAN AREA PROPERTIES, IT WAS ENVISAGED THAT DETAILS OF PROPERTIES IN THE NEW TERRITORIES WOULD EVENTUALLY BE CONVERTED WHEN STAFFING AND OTHER RESOURCES PERMITTED, HE SAID.

REFERRING TO THE AMENDMENT BILL AND REGULATIONS, THE SPOKESMAN SAID THE BILL INTRODUCED INTO THE PRINCIPAL ORDINANCE AN INTERPRETATION PROVISION DEFINING DOCUMENT+ AND +RECORD+ WIDELY ENOUGH TO INCLUDE COMPUTER SOFTWARE AND MICROF ILM,

THE EFFECT WAS SIMPLY TO ALLOW STORAGE OF LAND REGISTRATION RECORDS ON COMPUTER, HE POINTED OUT.

+THE LAND REGISTRATION (AMENDMENT) REGULATIONS WILL PROVIDE FOR THE COMPUTER ISED SYSTEM. THE AMENDMENTS ARE MINOR AND PROVIDE FOR NECESSARY DEFINITIONS, FOR ADDITIONAL PARTICULARS TO BE GIVEN

IN MEMORIALS AND FOR THE KEEPING OF REGISTER CARDS IN COMPUTER FORM, + HE SAID.

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