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WEDNESDAY, MAY 8, 1991
IN REPLY TO QUESTIONS ON THE REASON FOR THE PRICE OF FLAS SOLD TO SITTING TENANTS AND FLATS SOLD UNDER THE HOS SHOULD BE TAGGED TO MARKET PRICES, MR TSAO SAID THE HOUSING AUTHORITY BELIEVED THAT AN APPROPRIATE RELATIONSHIP TO MARKET PRICES NEEDED TO BE ESTABLISHED AVOID THE CREATION OF TOO GREAT A DIVISION BETWEEN THE SECTION OF COMMUNITY THAT WAS ELIGIBLE TO BUY FLATS UNDER THESE SCHEMES THOSE WHO HAD NO CHOICE OTHER THAN TO BUY IN THE PRIVATE SECTOR.
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"IF THE HOUSING AUTHORITY WERE TO SELL ITS FLATS AT PRICES THAT WERE TOO FAR BELOW MARKET PRICES, THIS WOULD IMPACT ADVERSELY ON THE STRENGTH OF THE PRIVATE PROPERTY MARKET, MR TSAO SAID.
"THE POLICY OF THE GOVERNMENT AND THE HOUSING AUTHORITY AS LAID DOWN IN THE LONG TERM HOUSING STRATEGY HAS BEEN TO ENCOURAGE THE PRIVATE SECTOR TO EXTEND ITS OWN PRODUCTION OF SMALL FLATS.
ON THE CONDITION OF THE BLOCKS TO BE SOLD, MR. TSAO SAID THE HOUSING AUTHORITY WOULD ONLY SELL BLOCKS THAT WERE IN SOUND STRUCTURAL CONDITION.
"TENANTS WILL BE ABLE TO REPORT DEFECTS FOUND INSIDE THEIR FLATS AND THOSE WHICH ARE CONFIRMED TO BE GENUINE AND NOT CAUSED BY THE TENANTS' WILL BE REPAIRED AT THE AUTHORITY'S EXPENSE, MR TSAO SAID.
LIMITATION (AMENDMENT) BILL PASSED
THE LIMITATION (AMENDMENT} BILL 1990 WILL ONLY EXTEND THE POTENTIAL LIABILITY OF PROFESSIONAL ADVISERS IN THE LIMITED SITUATION WHERE A CLIENT WITH A CLAIM IN NEGLIGENCE DOES NOT KNOW THE FACTS RELEVANT TO THE CAUSE OF ACTION AT THE DATE WHEN THE DAMAOR To His INTERESTS OCCURRED.
THIS WAS STATED BY THE ATTORNEY GENERAL. THE HON JEREMY MATHEWS, SAID DURING THE SECOND READING DEBATE OF THE BILL IN THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY).
SUCH A CLIENT WOULD HAVE SIX YEARS FROM THE DATE ON WHICH THE DAMAGE OCCURRED TO BRING AN ACTION, THAT WAS THE NORMAL LIMITATION, OR THREE YEARS FROM THE DATE OF ACQUIRING THE REQUISITE KNOWLEDGE BRINGING AN ACTION, WHICHEVER PERIOD WAS TO END LATER, HE SAID.
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"WITHOUT SUCH A PROVISION, PERSONS WHO HAVE SUFFERED DAMAGE THROUGH THE NEGLIGENCE OF THEIR PROFESSIONAL ADVISERS BUT ARE UNAWARE OF IT WOULD BE DENIED RELIEF WHERE THE DAMAGE IS NOT DISCOVERED UNTIL AFTER A PERIOD OF SIX YEARS.
"THIS IS AN UNFAIR RESULT WHICH THIS BILL WILL RECTIFY, MR MATHEWS SAID.
/MR MATHENS
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