CO129-551-9 Acquisition of land for Air Ministry at Kai Tak 17-2-1936 - 9-1-1937 — Page 66

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surrendered free to the Colony on the engagement

by the Colony that, in the event of lands and

buildings being required then, or in the future,

for the defence of the Colony, the Colony should

provide an equivalent for the lands and buildings

so surrendered, towards the

Apfis

sfaction of the

above mentioned requirements, and to that intent

the value of the lands and buildings surrendered

should be ascertained and recorded, and any

lands and buildings provided out of that value

should be held by H. M. G. on the same tenure as

those surrendered.

4. This decision was based on the

assumption that the Colonial Military lands in

question constituted a permanent capital

defence fund of the Colony, the integrity of

which ought to be preserved, in kind or value,

even though the original lands themselves might

be diverted to civil purposes.

Accordingly, when-

ever such lands which had been set apart for

defensive