XN000022-1973-09-28 — Page 7

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Friday, September 28, 1973

Compensation terms are based on actual costs of similar nearby

land and buildings. In cases of dispute, an independent arbitration

board will be convened, a member of which can be nominated by the villagers.

Mr. Oxley said the ex-gratia compensation includes:-

properly planned housing, with essential community facilities with roads, sewers and water supply,

the basis for a source of income for this and

future generations,

allowances for decoration and occupation ($12,000

per shop or flat), maintenance ($3,500 per person)

and water.

Commenting on the actual value of the package to each family,

Mr. Oxley said that, taking into account the free market value of the

property being offered, the average family can look forward to receiving

property or cash of the order of $300,000-$400,000.

Note to Editors:

A photograph showing the housing complex at

the site on the Sai Kung reclamation area and an aerial photograph showing progress on the water scheme itself will be distributed separately in the G.I.S. press boxes this evening.

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