XN000022-1994-01-19 — Page 24

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WEDNESDAY, JANUARY 19, 1994

STATES THE SCHEDULE

THAT A PURCHASER SHALL NOT ALIENATE, CONVEY, PURPORT TO ALIENATE OR CONVEY OR PART WITH POSSESSION OF FLAT UNLESS A PERIOD OF 10 YEARS HAS ELAPSED FROM THE DATE ASSIGNMENT AND HE HAS PAID TO THE HOUSING AUTHORITY A PREMIUM.

HIS OF THE

IT IS A CRIMINAL OFFENCE UNDER THE HOUSING ORDINANCE FOR A OR PSPS FLAT OWNER TO BREACH THESE RESTRICTIONS AND THIS CAN LEAD MAXIMUM FINE OF $200,000 AND MAXIMUM IMPRISONMENT FOR ONE YEAR.

MR

HOS

TO A

OF

REMINDED EASON SAID HOS AND PSPS OWNERS WERE REGULARLY THESE RESTRICTIONS BY THE HOUSING DEPARTMENT THROUGH NOTICES IN ESTATE BETWEEN MANAGEMENT OFFICES, ESTATE NEWSLETTERS, AND REGULAR MEETINGS MANAGEMENT AND MUTUAL AID COMMITTEES AND RESIDENTS ASSOCIATIONS.

MR THOUGH UNLAWFUL LETTING OR SALES WERE NOT EASY TO DETECT, EASON SAID THE HOUSING DEPARTMENT WOULD CONTINUE TO MONITOR AND REVIEW THE SITUATION AND INITIATE APPROPRIATE ACTION WHERE IRREGULARITIES WERE DETECTED.

HE POINTED OUT THAT ANY UNLAWFUL SALE OR LETTING OF HOS OR PSPS FLATS WAS VOID.

PURCHASERS AND TENANTS WHO SUFFER LOSS AS A RESULT OF THE

LETTING OF THESE FLATS MAY SUE THE

OR VENDOR ANY ESTATE AGENT OR SOLICITOR INVOLVED FOR DAMAGES

SALES OR AND

UNLAWFUL LANDLORD THROUGH CIVIL PROCEEDINGS.

MTRC CHAIRMAN CUM MANAGING DIRECTOR IS IN ORDER

* * * * *

THE ARRANGEMENT OF APPOINTING THE CHAIRMAN OF THE MASS TRANSIT RAILWAY CORPORATION AS ALSO THE MANAGING DIRECTOR OF THE CORPORATION IS IN ORDER LEGALLY, THE SECRETARY FOR TRANSPORT, MR HAIDER BARMA, TOLD THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY).

IN A WRITTEN REPLY TO A QUESTION BY THE HON STEVEN POON KWOK- LIM, MR BARMA SAID SECTION 4 OF THE MTRC ORDINANCE DID PROVIDE FOR THE CORPORATION TO HAVE BOTH A CHAIRMAN AND MANAGING DIRECTOR, WHICH WERE CURRENTLY HELD BY MR HAMISH MATHERS.

**THIS IS QUITE IN ORDER AND LEGAL ADVICE WAS OBTAINED BEFORE THIS ARRANGEMENT WAS INTRODUCED IN NOVEMBER 1986.

MR BARMA SAID IN EARLIER YEARS OF THE CORPORATION, THE MANAGING DIRECTOR HAD BEEN RESPONSIBLE FOR THE CO-ORDINATION OF THE CONSTRUCTION OF THE MASS TRANSIT SYSTEM.

ON

FOLLOWING THE COMPLETION OF THE SYSTEM IN 1986 AND IN ACCORDANCE WITH REQUIREMENT TO OPERATE THE CORPORATION BUSINESS PRUDENT COMMERCIAL PRINCIPLES, THE CHAIRMAN WAS ALSO APPOINTED MANAGING DIRECTOR.

THIS ARRANGEMENT REMAINS IN PLACE TODAY.

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