3
WEDNESDAY, JANUARY 20, 1988
THE MANAGEMENT COMPANY APPOINTED UNDER THE TERMS OF SOME DMC'S,
FOR THE LIFE BY THE FIRST OWNER BECOMES THE MANAGER OF THE PROPERTY OF THE LEASE, AND THERE ARE OBVIOUS REASONS WHY OWNERS DO NOT WANT BE BOUND BY THESE TERMS FOR ANOTHER 50 YEARS.
TO
OR
OPPRESSIVE
THE ADMINISTRATION EXPLAINED THAT UNDER THIS BILL
PERIOD OF
A VERY THE EXTENSION, OTHERWISE SURVIVE FOR THE FULL
DEVELOP. OWNERS WHO FIND SERIOUS PROPERTY MANAGEMENT PROBLEM WOULD
TAKE UP THE HOWEVER
ISSUE THE DMC UNFAIR SEPARATELY.
DMC'S WOULD
COULD
A
THE AD HOC GROUP UNDERSTOOD THAT THE ADMINISTRATION HAS SET
COMMITTER STANDING SUB-COMMITTEE,
EXISTING
IDENTIFY WAYS то RECTIFY
UNDER THE
MULTI-STOREY BUILDING MANAGEMENT, TO UNFAIR PROVISIONS OF EXISTING DMC's.
WOULD
THE ADMINISTRATION MR HU HOPED AVENUES WOULD BE MADE AVAILABLE TO PROPERTY PROTECT THEIR RIGHTS UNDER THE EXTENDED DMC'S.
FINALLY, MR HU AGREED WITH
OUT
SPELL SOON
WHO OWNERS
ADMINISTRATION THE
TERRITORIES LEASES (EXTENSION) BILL 1987 SHOULD
A SIGNIFICANT FURTHER, AS DEVELOPMENT OF THE NEW TERRITORIES.
IT WOULD
HAVE
UP
ON
THE
WHAT WANT To
THAT THE NEW
NOT BE DELAYED ANY ON THE FUTURE IMPACT
PO
-
"FOR EXAMPLE, THE PROBLEMS OF THE INDUSTRIAL ESTATES IN TAI AND YUEN LONG HAVE BEEN BROUGHT TO THE ATTENTION OF THE AD HOC GROUP
INVESTORS, INCLUDING SOME LARGE THERE
THAT ARE INDICATIONS
MORE BECOMING
CONCERNED ABOUT THEIR MULTI-NATIONAL COMPANIES, FUTURE LEASES CONDITIONS.
ARE
"WITH THE PASSAGE
OF THIS BILL,
WILL BE
RLIMINATED, MAKING NO SMALL PROSPERITY OF HONG KONG, HE CONCLUDED.
I HOPE ALL SUCH
TO THE CONTRIBUTION
ANXIETIES FUTURE
DEFINITION OF "ESTABLISHED VILLAGE" QUERIED
OF "ESTABLISHED BILL 1987 AND JOINT SINO-BRITISH
LEGISLATIVE COUNCILLOR, THE HON LAU WONG-FAT, TODAY (WEDNESDAY) SAID THERE WERE DISCREPANCIES BETWEEN THE DEFINITION VILLAGE" UNDER THE NEW TERRITORIES LEASES (EXTENSION)
AS USED IN THE THE ORIGIN MEANING OF THE TERM DECLARATION.
SPEAKING IN THE
THE LEGISLATIVE DISCREPANCIES MIGHT SERIOUSLY AFFECT POSSESS VILLAGERS WHO WERE UNABLE TO GOVERNMENT GRANTED THE BLOCK LEASE.
MR LAU COUNCIL,
SAID THE THE INTEREST OF INDIGENEOUS LAND TO THE TIME WHEN THE
/IN VIEW