3
490
annual receipts of the holders of the Chinese Title Deeds.
By these arrangements the Taxlords
get legal titles to areas of unoccupied lands in place of
rights, mostly illegal, over cultivated lands which they
cannot identify. They will doubtless suffer some loss of
income (which may ultimately be made up by enhanced value
of land in the New Territory) but against this it has to
be borne in mind that they are relieved of the services
for which the former payments were made to them e.g. col-
-lection of taxes, payment of official exactions, provision
of theatrical shows, maintenance of roads,etc.
6.
In accordance with these princi-
-ples for dealing with claims of the 2nd. and 3rd. classes
291 acres of Crown Land have been offered in compensation
to Taxlords whose claims have been disallowed by the Land
Court; 164 acres have been accepted and 127 acres have been
refused. The conditions attaching to these grants of land
are that Crown Leases for 75 years renewable for 24 years
less three days shall be issued in respect of the land;
that the land may be used either for building or agricultu-
-ral purposes; that no Crown Rent shall be charged for the
first five years of the lease; and that thereafter Crown
Rent shall be assessed at the same rates as on land allowed
by
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