CO129-534-10 Sale of Marine Lot leases 16-4-1931 - 17-11-1931 — Page 6

3 Mov. 385.

Subenti information

Raised in

022

9.

the combi

(2). Requesti approval by

6

Ich

See 6+727/27+ M.

723/294

See also 82770/31 Sever

I think these answers are on the whole

satisfactory and although I do not like the system

of 150 years leases, which is what this means,

now.

it hardly seems possible that we can change it

There is, however, a minor complication

which we should clear up before going further.

There was discussion some years ago of our right

to issue leases for land in the New Territories

extending beyond the year 1997, when the

British lease of the New Territories expires.

No definite conclusion was reached and the corres-

pondence appears to have dropped. We understood

however, that it was not the practice to issue

date

leases extending beyond this ritory and this

is confirmed by paragraph 3 (b) of No. 1 on

72867. In the circumstances it is not clear t

why

X

There is often

ш

amliquity of "Kowloon which

[metimes measu

The Fauritory ceded in 1860

it is now proposed to issue a lease for this lot,

which is situated in the New Territories on the normal

terms of 75 years, renewable for a further period

of 75 years.

The parallel question of the sale of a site

the

in Kowloon to/Hong Kong and China Gas Company does

not apparently raise the same difficulty, as this

site seems to be in British Kowloon. We might,

however, make quite sure that this is the case

ammetimes the whole main land portion of H.K.

Ι