XN000022-1996-11-06 — Page 49

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In Brisbane, taxi licences are also transferable. A licence allowing a taxi to operate in the metropolitan district has a current transfer value of about HK$1.2 million (A$200,000). On the other hand, a licence for a taxi to operate in the Gold Coast area has a transfer value of about HK$1.8 million (A$300,000).

It should be noted, however, that taxis in different cities operate under different social, economic and operational environment. It is therefore not entirely relevant to simply compare the transfer value or the premium for taxi licences.

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Certificate of Compliance for PSPS flats

Following is a question by the Hon Sin Chung-kai and a written reply by the Secretary for Housing, Mr Dominic Wong, in the Legislative Council today (Wednesday):

Question:

Will the Government inform this Council whether the Certificate of Compliance in respect of Home Ownership Scheme estates is issued by the Housing Department itself, and what the purpose of issuing such a Certificate is?

Answer:

Mr President,

In the case of Home Ownership Scheme flats built and sold by the Housing Authority, issue of Certificates of Compliance (CC) is not required. In the case of Private Sector Participation Scheme flats built by private developers and sold by the Housing Authority, the Lands Department issues CCs when it is satisfied that all the obligations stipulated in the Conditions of Sale in land grants have been complied with.

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