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UNOCCUPIED PREMISES SHOULD BE CHARGED
OF CHARGING AT THERE WERE TWO COMPELLING ARGUMENTS IN FAVOUR
UNOCCUPIED PREMISES, THE FINANCIAL LEAST A PORTION OF THE RATES ON
SIR PIERS
SAID IN SECRETARY,
JACOBS,
THE LEGISLATIVE THE HON COUNCIL TODAY (WEDNESDAY).
WITH SERVICES SIR PIERS SAID UNOCCUPIED PREMISES ARE PROVIDED
ON TO THE SAME EXTENT AS THOSE WHICH ARE OCCUPIED, AND CHARGING RATES
MAY DETER LANDLORDS FROM KEEPING UNOCCUPIED DOMESTIC PREMISES VACANT.
PREMISES
HE WAS REPLYING TO A QUESTION BY THE HON RITA FAN.
IN
ADDITION,
SIR
PIERS SAID, PAID
THE ADMINISTRATIVE AND INSPECTING VACANT
COST OF
PREMISES
WAS
ACTUALLY REFUNDING RATES FAIRLY SUBSTANTIAL.
GRANTED
RESPECT
FOR
OF
ALL
HE EXPLAINED THAT THE RATING ORDINANCE ORIGINALLY PROVIDED
BE
IN A REFUND OF HALF THE RATE UNOCCUPIED PREMISES.
SUBSEQUENTLY,
PAID TO
DURING THE 1973/74
BUDGET DEBATE,
MEMBERS
ARGUED THAT DEVELOPERS SEEKING A CAPITAL
EXPRESSED CONCERN ON THE NUMBER OF FLATS THEN VACANT AND
BY TO "HOARD" THERE WAS A TENDENCY APPRECIATION AND BY LANDLORDS SEEKING TO RAISE RENTS.
THE "IN RESPONSE,
ADMINISTRATION
THAT ACKNOWLEDGED
A CASE FOR FULL RATES
EXISTED FOR AMENDING THE RATING ORDINANCE TO PROVIDE TO BE APPLIED TO VACANT DOMESTIC PREMISES.
"THE RATING
ORDINANCE
WAS LATER AMENDED
HALF, JANUARY 1, 1974 TO CHARGE FULL, RATHER THAN DOMESTIC PREMISES," HE SAID.
WITH
FROM EFFECT RATES FOR VACANT
SAID THESE REFUND SIR PIERS REGULARLY SINCE 1974.
PROVISIONS
HAD BEEN REVIEWED
REFUND PROVISIONS
MIND "HOWEVER, BEARING IN
BEING AMENDED
THE
THE
ARGUMENTS IN THE PREVAILING
ΤΟ LED PLACE,
THE THE
ADMINISTRATION CONSIDERS THAT
WARRANT A DEPARTURE FROM THE EXISTING POLICY,
WHICH FIRST CIRCUMSTANCES DO NOT
"THE DEMAND IS STILL STRONG IN MOST SEGMENTS POLICY PROPERTY MARKET. ANY RELAXATION OF THE ADDITIONAL UPWARD PRESSURE BEING EXERTED ON DOMESTIC CLEARLY NOT DESIRABLE," SIR PIERS ADDed.
OF THE DOMESTIC COULD LEAD ΤΟ RENTS. THIS IS
HAD
ANY INDICATION INFLUENCING
HE ALSO SAID HALF REFUNDS FOR VACANT NON-DOMESTIC PREMISES CONTINUED TO BE ALLOWED BECAUSE THERE HAD NEVER BEEN THAT SUCH PREMISES WERE BEING HELD VACANT WITH A VIEW THE MARKET.
TO
COUNCIL WOULD BE SOUGHT IF PROPOSALS PRESENT PRACTICES.
HOWEVER, THE ADMINISTRATION KEPT THE POLICY TO RATE
REVIEW, AND THE ADVICE OF THE PREMISES UNDER CONSTANT
WERE DEVELOPED ΤΟ
UNOCCUPIED
EXECUTIVE
CHANGE THE
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