SUPPLEMENT NO. 1, JULY 16, 1948.
and on such approval a copy of each endorsed with a certificate thereof by the Clerk of Councils shall be lodged at the Land Office, Victoria, and at the office of the Assistant Land Officer, New Territories, and be available for inspection at such offices during the usual office hours on payment of a fee of one dollar. A notice of such approval and of the date of such deposit and availability for inspection shall be published in the Gazette upon the deposit being made.
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4. (1) Subsequent to the coming into force of this Reversion Ordinance the Resumption Officer shall lodge at the Land of owner-
ship to Office, Victoria, and at the office of the Assistant Land Officer, Crown. New Territories, memorials of the Extension Schedule approved and lodged in accordance with the provisions of section 3 of this Ordinance and of any amendment to the Extension Schedule which may from time to time be made in accordance with the provisions of section 7 of this Ordinance.
(2) Any land comprised in any such memorial shall upon the lodgment thereof be deemed to have reverted to the Crown with effect from the 1st September, 1945, and from such date all the rights of the former owner his assigns or representatives or of any other person in or over the land or any part thereof shall be deemed absolutely to have ceased save and except-
power; and
(a) any right or claim against the occupying
(b) any right or claim to compensation in accordance with the provisions of this Ordinance.
tion.
5. The following principles shall govern the assess- Compensa- ment of compensation for the purpose of this Ordinance :- (i) Compensation shall be paid in respect of land only and shall be taken to be the amount which the land if sold in the open market on 1st September, 1945, might have been expected to realise.
(ii) The method of assessment shall be by assign- ment of one or other of the graded values specified in the First First Schedule hereto.
(iii) The onus shall primarily be on any claimant to establish that some other graded value be assigned than that specified in the Extension Schedule or to establish that any other amendment or addition should be made thereto.
(iv) No allowance shall be made on account of the resumption being compulsory.
Schedule.
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