(17 of 1976)
Exbllamett
et ubc Cor. peradom.
Purposes of the Corporation.
General paw' cura of the Corporation.
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"Corporation" means The Hong Kong Industrial Estates Corporation
established by section 3(1):
"financial year" means the period commencing on the 1st of April each year and ending on the 31st of March in the year following except that the period from the commencement of the Ordinance to the 31st of March nezl thereafter shall be deemed to be a financial year "Chief Executive" means the person appointed under section 27(1) to be
the chief executive of the Corporation;
"industrial estate" means an industrial estate referred to in section 6: "land" includes-
(a) the foreshore and seabed;
(b) any buildings and structures erected on land; and (c) any interest in land;
"lease" includes an agreement for a leaser: "member" means a member of the Board;
"Provisional Authority" means the Hong Kong Industrial Estates Provi- sional Authority established by section 3 of the Hong Kong Indus- trial Estates Provisional Authority Ordinance 1976.
PART II
INCORPORATION AND POWERS
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3. (1) There is hereby established a body corporate to be known as "The Hong Kong Industrial Estates Corporation".
(2) The Corporation shall have perpetual succession and shall be capable of suing and being sued.
4. The purposes of the Corporation shall be to establish, construct, manage and control industrial estates.
$. (1) The Corporation shall have powers-
(a) to do such things as are expedient for or conducive to the attainment of the purposes declared in section 4 or of any purpose reasonably incidental to or consequential upon any of those purposes;
(b) to do any thing under paragraph (a) in susociation with other persons, including departments or authorities of the Government (2) Without restricting the generality of subsection (1), the Corpora- tion may, for the purposes referred to therein-
(a) purchase, acquire or lease or surrender any land:
(b) lay out industrial sites for lease or male;
(c) dispose of any land held by it on Crown lease for the purposes of industrial sites subject to the terms and conditions of the Crown lease but otherwise on such terms and conditions as El thinks fit;
(d) let to any person, for any period, any fand in an industrial estate subject to the payment of a premium and ground rent, or rear without a premium, and determine the terms, covenants and conditions on which such land may be let or occupied; (e) prepare and execute proposals, plans and projects for the erection, conversion, improvement and extension of any building in an
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industrial estate for sale, lease or other purpose, and determine the terms, covenants and conditions on which the sale, lease or other purpose may be effected;
(f) manage buildings, premises, structures, and any grounds ancillary Thereto, in an Industrial estate, and charge fees for services provided in connexion with such management;
(g) employ an agent or contractor to do say thing which the Cor-
poration may do other than to hold or dispose of land;
(A) enter into, assign or accept the assignment of, and vary or
rescind, any contract or obligation.
(3) Any land forming part of an industrial estate may be improved, developed and altered by the Corporation in such manner and to such extent as the law would allow if the land were held by a natural person in the same interest and the Corporation shall not be required to show that such improvement, development or alteration is itself undertaken for any purpose referred to in this section.
6. (1) The Corporation shall prepare a plan of every industrial Plans of estate showing all land comprised therein.
(2) An industrial estate may be given such name as the Corporation thinks fit.
(3) Where there is any addition to or other alteration of the area of an industrial estate, such addition or alteration shall be shown by amendment of the plan prepared under subsection (1),
(4) Any plan prepared, or any additions or other alterations made therelo, under this section shall be signed and dated by the Chairman.
Industrial cs/laten.
(5) A plan prepared under subsection (1) shall be deposited in the appropriate New Territories Land Office within the meaning of section 10(2) of the New Territories Ordinance and in the Land Office in (Cap. 97.) Victoria
(6) A notice of a plan prepared, or any additions or other altera- tions made thereto, under this section shall be published in the Gazette together with the addresses of the Land Offices in which the plan is deposited under subsection (5).
10) The Corporation shall have a Board which shall consist of Bound of the the following member-
(2) the Chairman;
(2) the Chief Executive;
(c) 2 members, not being public officers, appointed by the Governor,
and
(d) Dot more than 4 members, being public officers, appointed by
the Governor.
(2) Subject to sections 27(1) and 33, the Board shall be the governing body of the Corporation with authority, in the name of the Corporation. to exercise and perform the powers, functions and duties conferred or imposed on the Corporation by this Ordinance.
The Chairman shall be appointed by the Governor for such torm as the Governor thinks f
(4) A member appointed under subsection (1)(c) shall be appointed for a term not exceeding 3 years.
(5) The Chairman and any member appointed under subsection (1)(c) may, upon the expiry of his term of appointment, be reappointed.
Corporakon
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