TNAG-0806-FCO40-1011-Policy-of-Government-of-Hong-Kong-on-land-in-the-New-Territo-1979 — Page 68

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system must allow for landowners to

enjoy a reasonable share in the

development value of the areas for

which they were required to surrender

their private lands.

3.1.2 It must provide for a means of proceeding

with a large scale resumption programme

for urban development in the New Towns

and Market Towns of the New Territories

As stated above, the Working Group

considered that much of the difficulty

with the present system resulted from

the scale and pace of present resumptions

in relation to the Government's limited

capability of making land available for

exchanges. If it were to contine to

operate successfully on the scale

presently envisaged, it was essential

that both the exchange and compensation

elements should be made more realistic.

3.1.3 It must be capable of reasonably easy

administration and explanation to those

affected

W

It was important that

compensation and exchange offers should

be capable of quick determination and

/that