XN000022-1973-12-22 — Page 3

Daily Information Bulletin 新聞公報 All

2

Saturday, December 22, 1973

The special concessions agreed for shop-keepers in Group B

estates who had their tenancies before April 1, 1973 are:-

Security of Tenure

Tenancies will be for a fixed term of two years (during

which shop rents will not be raised) and will be renewed

automatically at the end of term provided there has not been

a persistent or blatant breach of the agreement. However,

shop tenants may opt for a monthly tenancy if they wish

(although in law such terms give less security than a fixed

term agreement).

2. Inheritance

The present shop tenant will be allowed to transfer his

right to a member of his family, either in his life time or, on

death.

3. Change of Trade

Tenants will be able to apply for a change of trade

provided it meets with estate requirements and does not adversely

affect the living environment of the estate.

4. Transfer of Shop Tenancy

Shopkeeper who held tenancies before April 1, 1973

will be allowed to assign the tenancy, but the transferee will

have no such right. In the past they could only assign to

authorised tenants but they would now be free to assign to anyone.

These arrangements

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