XN000022-1981-09-25 — Page 3

FRIDAY, SEPTEMBER 25, 1981

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COMPENSATION FOR RESUMED NT LAND UNCHANGED

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THE NEW TERRITORIES ADMINISTRATION ANNOUNCED TODAY (FRIDAY) THAT THE PREVAILING COMPENSATION RATES FOR LAND RESUMED IN THE NEW TERRITORIES WOULD REMAIN UNCHANGED.

FROM OCTOBER 1, OWNERS OF AGRICULTURAL LAND RESUMED WITHIN NEW TOWN DEVELOPMENT AREAS WILL STILL BE COMPENSATED AT THE FULL RATE OF $103 PER SQUARE FOOT.

AT THE SAME TIME, THE EX-GRATIA ALLOWANCE OFFERED TO OWNERS OF RESUMED BUILDING LAND WITHIN NEW TOWN DEVELOPMENT AREAS WILL BE AT THE EXISTING FULL RATE OF $220 PER SQUARE FOOT.

THE ACTING PRINCIPAL GOVERNMENT LAND AGENT OF THE NTA, MR TONY HARLAND, SAID THE RATES HAD BEEN DRAWN UP IN LINE WITH THE GOVERNMENT'S POLICY OF CONDUCTING HALF-YEARLY REVIEWS OF NEW TERRITORIES COMPENSATION RATES.

THIS POLICY WAS RECOMMENDED BY THE WORKING GROUP ON NEW TERRITORIES URBAN LAND ACQUISITION, WHICH SIR YUET-KEUNG KAN HEADED.

MR HARLAND SAID THE RATES WOULD BE EFFECTIVE UP TO MARCH 31, 1982, WHEN A FURTHER REVIEW WOULD BE CARRIED OUT.

HE POINTED OUT THAT, UNDER THE REVISED GOVERNMENT LAND RESUMPTION POLICY IN THE NEW TERRITORIES, OWNERS OF RESUMED LAND OUTSIDE NEW TOWN DEVELOPMENT AREAS WOULD BE COMPENSATED AT A PROPORTIONATE PERCENTAGE OF THE FULL RATES, DEPENDING ON THE LOCATION OF THE LAND RESUMED, AND MORE PARTICULARLY AS DEFINED IN A ZONAL PLAN AVAILABLE FOR PÚBLIC INSPECTION AT THE EIGHT DISTRICT OFFICES OF THE NEW TERRITORIES ADMINISTRATION.

NEW 90-CENT DEFINITIVE STAMP OUT IN OCTOBER

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A NEW 90-CENT POSTAGE STAMP IN THE CURRENT DEFINITIVE SERIES WILL BE PLACED ON SALE AT ALL POST OFFICES ON OCTOBER 1, THE POSTMASTER GENERAL ANNOUNCED TODAY.

THE COLOUR OF THE STAMP IS BLACKISH BROWN OR SEPIA.

THERE WILL BE NO FIRST DAY COVER ISSUE ON THIS OCCASION, BUT FOR THE BENEFIT OF PHILATELISTS WHO MAY WANT THEIR COVERS CANCELLED WITH A HAND DATE-STAMP ON THE FIRST DAY OF SALE, SPECIAL POSTING BOXES WILL BE MADE AVAILABLE AT THE GENERAL POST OFFICE, KOWLOON CENTRAL POST OFFICE AND TSIM SHA TSUI POST OFFICE.

ITEMS POSTED IN THESE SPECIAL POSTING BOXES WILL BE CAREFULLY HAND-STAMPED.

A HAND-BACK SERVICE WILL NOT BE PROVIDED ON THIS OCCASION.

THE NEW STAMP WILL BE ON DISPLAY ON THE FIRST FLOOR PUBLIC COUNTER OF THE GENERAL POST OFFICE BUILDING, CONNAUGHT PLACE ON MONDAY (SEPTEMBER 28) FROM 9.30 AM TO 4.30 PM.

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