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WEDNESDAY, MAY 13, 1992
DURING THE PERIOD, NON-RECURRENT COMMITMENTS WERE INCREASED BY $11.6 MILLION, NEW NON-RECURRENT COMMITMENTS OF $190.3 MILLION WERE APPROVED, AND APPROVED NON-RECURRENT COMMITMENTS OF $25.7 MILLION WERE REVOTED.
THE PERIOD ALSO SAW AN APPROVED NET DECREASE OF 4,543 MAINLY DUE TO THE DELETION OF POSTS AS A RESULT OF CIVIL HAVING OPTED FOR THE HOSPITAL AUTHORITY'S TERMS OF SERVICE.
POSTS, SERVANTS
MR YEUNG SAID THESE ITEMS HAD BEEN APPROVED FINANCE COMMITTEE OR UNDER DELEGATED AUTHORITY.
-
EITHER
BY THE
BILL TO UPDATE LAND REGISTRATION ORDINANCE INTRODUCED
LAND
AMENDMENTS ARE REQUIRED TO UPDATE CERTAIN PROVISIONS IN THE REGISTRATION ORDINANCE AND TO IMPROVE THE OPERATION OF THE LAND REGISTRY, THE SECRETARY FOR PLANNING, ENVIRONMENT AND LANDS, MR TONY · EASON, SAID TODAY (WEDNESDAY).
MOVING THE SECOND READING OF LAND REGISTRATION (AMENDMENT) BILL 1992 IN THE LEGISLATIVE COUNCIL, MR EASON SAID OUTDATED REFERENCES RELATING TO THE TERM "LIS PENDENS" WHICH MEANT PENDING ACTION IN THE ORDINANCE WERE REMOVED AND A DEFINITION WAS PROVIDED.
HE SAID THE BILL ALSO SOUGHT TO ALLOW MORE FLEXIBILITY FOR THE INTERPRETATION OF THE TERM "FLOATING CHARGE" BY DELETING ITS DEFINITION.
"THIS APPROACH IS CONSISTENT WITH THAT ADOPTED BY THE AD HOC GROUP OF THIS COUNCIL WHICH STUDIED AMENDMENTS TO THE CONVEYANCING AND PROPERTY ORDINANCE,
|| HE SAID.
AT PRESENT, TITLE TO LAND IS UNAFFECTED BY A WILL UNTIL THE TESTATOR DIES AND THERE IS A GRANT OF PROBATE. IT IS NOT NECESSARY TO REGISTER ANY WILL WITH THE LAND OFFICE.
MR EASON SAID THE BILL THEREFORE SOUGHT TO REMOVE ALL REFERENCES TO WILLS FROM THE ORDINANCE AND ITS SUBSIDIARY LEGISLATION.
It
"WILLS ALREADY DEPOSITED IN THE LAND OFFICE, WHICH NUMBER ABOUT 150, WILL BE HANDED OVER TO THE REGISTRAR, SUPREME COURT FOR CUSTODY, HE ADDED.
+
IN ADDITION, THE SECRETARY SAID THE BILL PROPOSED THAT A PERSON COMMIT AN OFFENCE IF HE WILFULLY OR MALICIOUSLY DESTROYED, REMOVED OR DEFACED LAND OFFICE DOCUMENTS.
THIS SUPPLEMENTED THE EXISTING OFFENCE FOR DISHONESTLY DESTROYING OR DEFACING SUCH DOCUMENTS, HE ADDED.
/THE PENALTIES