Clause 4.-The object of this clause is to enable the Crown to acquire land in the New Territories, before the title to it is decided in cases where such resumption is required in the public interests, provision being made for compensation being paid to the claimant who eventually proves successful together with 7 per cent. interest, on the amount awarded by the Land Court as compensation, from the date of requisition.
It may be mentioned that already (see section 14 of Ordinance 18 of 1900) a similar power of awarding compensation, after the ownership has been determined, instead of granting a title, exists in cases where the Governor deems it inexpedient, having regard to the public interests of the Colony, that such title should be granted.
In short, the object of the proposed amendment is to enable land to be acquired by the Government in cases when the public interests require it even before the Land Court has determined who is entitled to the land.
462
2. Cortoch
Acting Attorney General.
Clause 4.-The object of this clause is to enable the Crown to acquire land in the Now Territories, before the title to it is decided in cases where such resumption is required in the public interests, provision being made for compensation being paid to the claimant who eventually proves successful together with 7 per cent. interest, on the amount awarded by the Laud Court as compensation, from the date of requisition.
It may be mentioned that already (see section 14 of Ordinance 18 of 1900) a similar power of awarding compen- sation, after the ownership has been determined, instead of granting a title, exists in cases where the Governor deems it inexpedient, having regard to the public interests of the Colony, that such title should be granted.
In short, the object of the proposed amendment is to enable land to be acquired by the Government in cases when the public interests require it even before the Land Court has determined who is entitled to the land.
462
2. Cortoch
Acting Attorney General.
No comments yet.
Private notes are available after approval.