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SATURDAY, AUGUST 21, 1993
OCCUPIERS FROM
THE SPOKESMAN SAID A TOTAL OF 3,500 DOMESTIC 1,600 HOUSEHOLDS AND ABOUT 120 BUSINESSES WERE AFFECTED BY THE RESUMPTION.
"THEY ARE ELIGIBLE FOR STATUTORY COMPENSATION IN ACCORDANCE WITH THE CROWN LANDS RESUMPTION ORDINANCE AND EX-GRATIA ALLOWANCE UNDER THE CURRENT GOVERNMENT POLICY.
++ LEGAL OWNERS AND OCCUPIERS OF RESUMED PROPERTIES ARE ENTITLED TO COMPENSATION FOR THEIR LOSSES, WHICH INCLUDE THE OPEN MARKET VALUE OF THE PROPERTIES; LOSS OR DAMAGE TO BUSINESS; REMOVAL EXPENSES AND PROFESSIONAL FEE FOR OBTAINING ADVICE IN CONNECTION WITH THEIR CLAIM.
"THE ASSESSMENT OF OPEN MARKET VALUE OF PROPERTY IS BASED ON MARKET EVIDENCE AS ON THE DATE OF RESUMPTION AND THE EXISTING USE VALUE OF THE PROPERTY, TAKING INTO ACCOUNT ITS LOCATION, AGE AND CONDITION.
"MOST OF THE OWNERS OF THE DOMESTIC UNITS HAVE ACCEPTED CASH COMPENSATION WHILE MORE THAN 80 PER CENT OF THE ELIGIBLE DOMESTIC OCCUPANTS HAVE ACCEPTED REHOUSING OFFERS."
THE SPOKESMAN SAID CLEARANCE OF THE SITE WAS SCHEDULED TO TAKE PLACE AT THE END OF THE MONTH, BUT IN VIEW OF THE DIFFICULTIES BEING EXPERIENCED BY THE SHOP OWNERS AND OCCUPIERS, THE GOVERNMENT HAS DECIDED TO DEFER THE DATE UNTIL MARCH NEXT YEAR.
ARE ELIGIBLE
"OWNER-OCCUPIERS OF COMMERCIAL PREMISES STATUTORY COMPENSATION FOR THEIR PREMISES PLUS BUSINESS LOSS REMOVAL ALLOWANCE, WHILE OCCUPIERS ARE ELIGIBLE FOR THE BUSINESS AND REMOVAL EXPENSES.
FOR
AND
LOSS
"THEIR CLAIMS MAY INCLUDE LOSS OF BUSINESS GOODWILL AFTER RELOCATION, LOSS OF TEMPORARY PROFIT DURING RELOCATION, REDUNDANCY PAYMENTS TO EMPLOYEES, COST OF PHYSICAL REMOVAL AND COSTS OF SEARCHING FOR ALTERNATIVE PREMISES.
"AS SUCH LOSSES AND COSTS CANNOT BE ASSESSED UNTIL, REMOVAL OR CESSATION OF THE BUSINESS HAS TAKEN PLACE, IT IS NOT POSSIBLE FOR THE GOVERNMENT TO ASSESS THESE CLAIMS NOW, THE SPOKESMAN SAID.
"IT IS THEREFORE NOT POSSIBLE TO MAKE AN OFFER OF COMPENSATION PRIOR TO REMOVAL.
++
"AS
DIFFICULTIES FACRD BY OCCUPIERS ARE RECOGNISED, THE GOVERNMENT HAS OFFERED AN EX-GRATIA REMOVAL ALLOWANCE TO FACILITATE REMOVAL.
ALSO
CLAIMANTS
THE SPOKESMAN SAID IF AGREEMENT COULD NOT BE REACHED, HAVE THE RIGHT TO REFER CLAIMS ΤΟ THE LANDS TRIBUNAL FOR
DETERMINATION.
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