TNAG-0740-FCO40-944-Quarterly-progress-reports-from-Hong-Kong-1978 — Page 56

Cubject

Purpose

the involuntery (and often large) subsidies being conferred by

landlords of prowar promises on their torante.

Progress Made and Present Position

Comments from other interested departments are awaited. The Governor-in-Vouncil will be asked to approve these proposals in principle before legislation is drafted.

CONFIDENTIAL #₺

PART I (Cont'd)

Next quarter Target

2.Runt

control in Postwar

domestic

premises.

To narrow the

ap

between controlled

nd fair market rent in these preaises as a lore-terma objetivo.

Detailed proposals

to extend Part II of the Landlord and Tenant (Consolidation) Ordinance for three years (until 14th December 1982) and to reduce the "factor" regulating rent increases from '3' to have been formulated

•

انت

Comments from other interested departments are awaited.

To approach Executive Council and to prepare draft legislation.

機密

GF 323

CONFIDENTIAL