TNAG-1400-FCO40-1872-Future-of-Hong-Kong-Ministry-of-Defence-(MOD)-property-1985 — Page 87

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

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mment

thirty-

3

By.

(b). In the event aforesaid the buildings on the land so

reverting may if required by the Colonial Government be purchased

from the Secretary of State at such sun as represents their market

value at the date of such reversion, due consideration being given

to site improvement directly attributable to expenditure by the

Secretary of State.

(c).

Should the Colonial Government not require the buildings

on the land so reverting then the Secretary of State shall if required

/Colonial

by the Government forthwith remove all buildings from the land, provided

that if the Colonial Government decides to sell the land with the

buildings thereon and it is so sold there shall be paid to the

Secretary of State out of the price realised a sum equal to the agreed

market value of the buildings, due consideration being given to

site improvement directly attributable to expenditure by the Secretary

of State.

(a). In the case of land which was agricultural at the time

of its original occupation the Secretary of State shall pay to the

Colonial Government any sum incurred by the Colonial Government in

restoring the land into the condition in which it was prior to its

original occupation provided that the sum so to be paid shall not

exceed the value of the land if it were then in the condition

in which it was prior to its original occupation.

(e).

Notwithstanding anything in this clause hereinbefore

contained no sum shall be paid to the Secretary of State in respect

of any building erected or of any site improvement works carried

out at the cost of the Colonial Government.

7.

In the event of the said land or any part thereof ceasing

to be used by the Secretary of State for the said purposes for a

continuous period of twelve months the Governor may give the Secretary

of State three months notice in writing to show cause why the appro-

priation of the said land or unused part thereof should not be terminated

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