TNAG-0672-FCO40-821-Legislation-for-Crown-lands-in-Hong-Kong-1977 — Page 140

C.S. 84

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3.

XCR(77)64

An estimated total of 40 commercial/industrial undertakings (including 35 occupying ground floor premises, 2 on first floor, and 3 basement units) will be displaced from the buildings affected by the resumption. The operators will be invited to submit statutory claims for compensation for the loss of their tenancies and damage to business caused by the resumption. At the same time they will be offered advances of compensation at rates between $38 and $44 per square foot, prior to the settlement of statutory claims. As an alternative to cash payments, eligible workshop operators will be offered flatted factory units in Housing Authority estates, if suitable accommodation is available.

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The following table summaries the cash awards and, where applicable, the rehousing arrangements, to which occupiers of the buildings affected by the clearance will be entitled:

Category of

Occupants

Domestic

occupiers (tenants

and owner-occupiers)

Commercial operators

Entitlement

Rehousing

Either

(a) purchase of flats

at a nearby Housing Society block at concessionary rates;

or

(b) rented accommoda-

tion in a Housing Society or Housing Authority estate.

Not entitled.

Workshop operators

Either

or

Cash Compensation

Cash payments from $16 to $22 per square foot. *

Cash payments from $38 to $44 per square foot.*

cash payments from $38 to $44 per square foot;

flatted factory units

if suitable accommoda-

tion is available.

*(If the payment offered is not acceptable to the

occupiers, they can submit a claim to the Lands Tribunal for arbitration).

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