Answer:
(a)
-54
(b)
(c)
A list showing the names of 53 Home Ownership Scheme (HOS) projects due for completion between 1990-91 and 1994-95, their locations, target completion dates, actual handover dates and periods of delay (if any) is annexed. The common reasons for delay in flat completion are changes in technical specifications, such as building finishes, during the contract period.
Under the terms of the Agreement for Sale and Purchase (ASP) of a HOS flat, the Housing Authority is entitled to extensions of the building completion period caused by factors beyond the control of the Authority. In the case of Ko Chun Court, the extension is due to factors beyond the control of the Authority, namely, delays on the part of the building contractor. As such, the Authority has no legal obligation to pay compensation to the purchasers.
The Housing Authority will consider measures to protect the interest of purchasers. These measures include, for example, minimising the number of variations in technical specifications permitted during the contract period, and paying compensation in clearly defined circumstances.
End/Wednesday, April 19, 1995