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any land in the New Territories, being land that may be
lawfully granted or disposed of by Her Majesty, a lease that
does not specify any period of time for its duration
but is expressed to continue in force for so long as
the Crown shall occupy the New Territories; and any such lease
shall continue in force accordingly unless it is previously
determined or forfeited in accordance with the terms and
conditions thereof or any provision of law applicable thereto.
Variation of existing leases
3. There shall be such provision as may be made by or under
any law enacted in pursuance of Article VII of the Hong Kong
Letters Patent 1917 for the conversion into indeterminate
leases of leases of Crown land in the New Territories granted
for specified terms.
Saving provision
4.
Nothing in this Order shall be construed as affecting
(a) the powers of the Governor, with the advice and consent
of the Legislative Council of Hong Kong, to make laws
for the New Territories containing provisions that will
or may have effect after any particular date, including
provision for any kind of lease; or
(b) the powers of the Governor or any other officer or
authority of the Government of Hong Kong to enter into
any transaction that will or may have effect in the New
Territories after any particular date or to do any other
thing that will or may have such effect, including any
lawful grant or disposition of Crown land.
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