MONDAY, APRIL 2, 1984
TO AVOID AN IMMEDIATE SUBSTANTIAL INCREASE A SYSTEM OF PHASED PAYMENTS WILL BE INTRODUCED.
ANNUAL RENTALS PER SQUARE METRE WILL BE $40 IN THE FIRST YEAR, $60 IN THE SECOND YEAR, AND $85 IN THE THIRD YEAR.
AREAS.
THESE RATES WILL APPLY TO BOTH OPEN STORAGE AND BUILT OVER
FROM THE FOURTH YEAR THE RATES WILL BE $85 FOR OPEN STORAGE SITES AND $150 FOR BUILT OVER AREAS.
THE SPOKESMAN SAID AT THE SAME TIME GOVERNMENT INTENDED TO REGULARISE THE ILLEGAL OCCUPATION OF CROWN LAND IN THE URBAN AREA BY ISSUING SHORT-TERM TENANCIES.
HE SAID THERE WERE MANY CASES WHERE CROWN LAND HAD BEEN ILLEGALLY OCCUPIED FOR INDUSTRIAL AND COMMERCIAL PURPOSES AND IT WAS VERY DESIRABLE THAT THESE SHOULD BE PUT ON THE SAME FORM OF TENURE AS EX-LICENSEES WHEREVER POSSIBLE.
IT WAS NOT POSSIBLE TO PROVIDE AN ACCURATE ASSESSMENT OF THE NUMBER OF ILLEGAL OCCUPATIONS SUITABLE FOR CONVERSION TO SHORT- TERM TENANCIES, ALTHOUGH IT WAS ESTIMATED THAT THE PROPOSED REGULARISATION EXERCISE COULD RESULT IN SEVERAL THOUSAND NEW TENANCIES.
AT LEAST SIX YEARS WOULD BE NEEDED TO COMPLETE THE EXERCISE.
NOTE TO EDITORS:
GOVERNOR, EXCO LEAVING FOR UK ****
THE GOVERNOR, SIR EDWARD YOUDE, AND UNOFFICIAL MEMBERS OF THE EXECUTIVE COUNCIL WILL LEAVE FOR LONDON TOMORROW (TUESDAY) EVENING FOR FURTHER CONSULTATIONS ON THE FUTURE OF HONG KONG.
THEY WILL BE LEAVING ON FLIGHT CX 201, ETD 10.50 PM.
A PHOTOGRAPHIC FACILITY HAS BEEN ARRANGED TO COVER THE IR DEPARTURE. PHOTOGRAPHERS AND CAMERAMEN ASSIGNED TO COVER THE EVENT SHOULD ASSEMBLE AT THE PRESS CONFERENCE ROOM OF THE AIRPORT TERMINAL BUILDING NOT LATER THAN 9.30 PM TOMORROW.
GIS OFFICERS WILL ASSIST.
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