XN000022-1974-11-29 — Page 3

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FRIDAY, NOVEMBER 29, 1974

LAND REGISTRATION FEES REVISED

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FEES FOR CERTAIN SERVICES PROVIDED BY THE LAND OFFICE OF THE REGISTRAR GENERAL'S DEPARTMENT WILL BE REVISED AS FROM SUNDAY (DECEMBER 1).

THE FEES INVOLVED ARE THOSE COLLECTED BY THE LAND OFFICE IN CONNECTION WITH THE REGISTRATION OF DEEDS AND OTHER INSTRUMENTS UNDER THE LAND REGISTRATION ORDINANCE AND SEARCHES MADE OF LAND OFFICE RECORDS.

HOWEVER, THE FEES FOR SUPPLYING A MANUSCRIPT COPY OR A PHOTOSTATIC COPY OF ANY INSTRUMENT REMAIN UNCHANGED.

DETAILS OF THE REVISION WERE CONTAINED IN THE LAND REGISTRATION FEES (AMENDMENT) REGULATIONS 1974 AND THE LAND REGISTRATION (NEW TERRITORIES) FEES (AMENDMENT) REGULATIONS 1974 PUBLISHED IN THE GAZETTE TODAY,

COMMENTING ON THE REVISION A SPOKESMAN FOR THE REGISTRAR GENERAL'S DEPARTMENT SAID THE FEE REVISION WAS NECESSARY TO MEET THE INCREASED ADMINISTRATIVE COSTS.

+THE FEE FOR REGISTRATION WERE LAST REVISED IN 1958 AND FOR SEARCHES IN 1963, HE SAID.

AMONG THE FEES AFFECTED BY THE NEW REGULATIONS ARE THOSE FOR THE REGISTRATION OF DEEDS AND OTHER INSTRUMENTS. THESE RANGE FROM $5 TO $240 ACCORDING TO THE VALUE OF THE PROPERTY OR SHARE INVOLVED. THE EXISTING FEES RANGE FROM $1 TO $120.

THE FEES FOR SEARCHES MADE OF LAND OFFICE RECORDS WILL BE RAISED TO $5 FROM $1 FOR EACH RECORD PRODUCED WHILE THE CHARGE FOR REGISTRATION OF WILLS, PROBATES AND LETTERS OF ADMINISTRATION WILL NOW BE $30 INSTEAD OF $15.

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