5
1
WEDNESDAY, JUNE 10, 1992
BEEN
ACTIVELY
PRIORITIES,
POWERS UNDER
THE
THE
OFFICE HAD HE SAID
BUILDINGS ORDINANCE PROBLEM IN RECENT TACKLING THIS
MONTHS BY ADJUSTING REDEPLOYING STAFF RESOURCES AND SEEKING ADDITIONAL
LAW.
"WE BELIEVE THAT THE CORRECT SOLUTION LIES
OF ADVICE BY THE BUILDINGS' OWNERS, WITH THE PRIVATE SECTOR.
IN SELF-REGULATION PROFESSIONALS IN
THE
"WE
RECENTLY
INTRODUCED
A
BILL
TO
FOR AN
THE AMENDMENT SERVE AN INVESTIGATION AND
LEGISLATION TO ENABLE THE GOVERNMENT TO REPAIR ORDER ON THE OWNER OF A BUILDING WHICH HAS SIGNS OF DEFECT.
"WHEN THIS NEW LEGISLATION IS ENACTED, HOPEFULLY
IN THE PROPER WILL HAVE TAKEN A GREAT STEP FORWARD BUILDINGS IN DISREPAIR,
MR CHEN SAID.
0
-
IN JULY, MAINTENANCE
WE
OF
LANDLORD AND TENANT BILL EXPLAINED
*
COUNCIL'S
AD HOC
BILL
BARRY WOODROFFE,
GROUP ON 1992 TODAY
THE COMMISSIONER OF RATING AND VALUATION, MR
THE LEGISLATIVE ATTENDED A MEETING OF
(CONSOLIDATION) (AMENDMENT) (WEDNESDAY) TO BRIEF MEMBERS ON THE MAIN CHANGES PROPOSED IN THE BILL.
LANDLORD AND
TENANT
HE SAID THE CHANGES ARE:
* ENHANCED COMPENSATION
THE CHANGE TO THE FORMULA FOR STATUTORY COMPENSATION WILL THAT THE AMOUNT PAYABLE TO DISPOSSESSED TENANTS IN DOMESTIC PREMISES REQUIRED FOR REDEVELOPMENT WILL ON AVERAGE BE DOUBLED. FOR A 600 SQ.FT. FLAT THE COMPENSATION WILL BE $65,000 OR 2-1/2-YEARS' RENT PASSING.
MEAN POST-WAR
ABOUT
* ADJUSTMENTS TO RENT INCREASE MECHANISMS
PRE-WAR PREMISES
THE
THE PRE-WAR RENT PRACTICE OF ANNUALLY INCREASING PAST
MINIMUM LEVEL IN ADDITION, A
OF WILL CONTINUE, MULTIPLIER PERMITTED RENT WILL BE INTRODUCED TO ENSURE CONTROLLED RENTS DO NOT FALL TOO FAR BELOW THE MARKET LEVEL. THE NEW PROVISION WILL ONLY AFFECT ABOUT 300 PROPERTIES THIS YEAR. THE DEPARTMENT WILL LOOK AT THESE CASES AND GIVE FURTHER INFORMATION TO THE AD GROUP NEXT WEEK.
HOC
/POST-WAR