TNAG-1705-FCO40-2377-Counterfeiting-and-forgery-provisions-in-Hong-Kong-1987 — Page 13

A504

Ord. No. 71/87

(Cap. 131.)

Establishment of the Corporation.

First Schedule.

First Schedule.

First Schedule.

(Cap. 1.)

Purposes of the Corporation.

Powers of the Corporation.

LAND DEVELOPMENT CORPORATION

"Secretary" means the Secretary for Lands and Works; "Town Planning Board” means the Town Planning Board appointed under

section 2 of the Town Planning Ordinance.

PART II

ESTABLISHMENT OF THE LAND Development CORPORATION

3. (1) There shall be established a body corporate, to be called the Land Development Corporation, which shall have such powers and duties as are conferred and imposed on it by, or by virtue of, this Ordinance.

(2) The Corporation shall consist of

(a) a Chairman not being a public officer, who shall be appointed by

the Governor for a term not exceeding 3 years;

(b) the Chief Executive of the Corporation who shall be appointed in

the manner set out in paragraph 4 of the First Schedule;

(c) not less than 5 other members not being public officers, each of whom shall be appointed by the Governor for a term not ex- ceeding 3 years;

(d) not more than 3 other members being public officers, each of whom shall be appointed by the Governor and hold office at the pleasure of the Governor,

and the members of the Corporation shall be the governing body thereof and shall comprise its managing board with authority, in the name of the Corporation, to exercise and perform the powers and duties conferred and imposed on the Corporation by, or by virtue of, this Ordinance.

(3) The First Schedule shall have effect as respects the Corporation and the members thereof.

(4) The Governor may by order amend the First Schedule.

(5) For the removal of doubt it is declared that, save insofar as is inconsistent with the provisions of this Ordinance, Part VII of the Interpreta- tion and General Clauses Ordinance shall apply in relation to the Corpora- tion and appointments thereto.

4. The purposes of the Corporation are to-

(a) improve the standard of housing and the environment in Hong Kong by undertaking, encouraging, promoting and facilitating urban renewal;

(b) engage in such activities and perform such functions as may be necessary for the undertaking, encouragement, promotion and facilitation of urban renewal;

(c) engage in such other activities, and to perform such other func- tions, as the Governor may, after consultation with the Corpora- tion, permit or assign to it by order published in the Gazette.

5.

(1) The Corporation may do all such things which are expedient for or conducive to the attainment of the purposes declared in or permitted or assigned under section 4 or all such things which, in the opinion of the

LAND DEVELOPMENT CORPORATION

Ord. No. 71/87

A505

Corporation, are necessary to facilitate the proper carrying out of the purposes of the Corporation.

(2) Subject to and without restricting the generality of subsection (1), the Corporation may-

(a) lease, purchase or otherwise acquire and hold land of any

description-

(i) for any purpose within any area designated in writing to the Corporation by the Secretary;

(ii) anywhere in Hong Kong for the purpose of providing office accommodation for the Corporation or for the purpose of providing residential accommodation for persons displaced by the carrying out of the purposes of the Corporation;

(iii) otherwise with the approval of the Secretary either gener- ally or in any particular case;

(b) prepare development proposals and implement such proposals; (c) alter, construct, demolish, maintain or repair any building,

premises or structure ancillary thereto;

(d) provide and where appropriate maintain, alter or repair roads, footways, parks, recreational grounds and similar open spaces, bridges, drains, sewers and water courses other than those the maintenance of which the Government or other public body has undertaken or decides to undertake;

(e) manage any buildings, premises, or structures which it has leased, purchased, acquired or otherwise holds and any common parts thereof including any land ancillary thereto, having regard to the interests, welfare and comfort of the tenants, owners or occupiers thereof and may charge fees for its services in connection with such management;

(ƒ) manage any roads, footways, bridges, car parks, parking spaces, parks, recreational facilities and similar open spaces, drains, sewers and water courses and other transport and recreational facilities held under this Ordinance and may charge fees for the provision of such services;

(g) set aside as use for car parks any land held by the Corporation, designate parking spaces, control the use of car parks and parking places and may allocate any place in a car park or parking place for the use of vehicles of any description or any particular type or class or for the use of any person or persons of any particular class; (h) provide fixtures, fittings or furniture in buildings acquired by or under the control of the Corporation and may let, lend, hire or otherwise dispose of such fixtures, fittings or furniture on such terms and conditions as to payment or otherwise as the Corpora- tion may think fit;

(i) grant, sell, convey, assign, surrender, yield up, demise, let, transfer or otherwise dispose of any land, or buildings, messuages, tene- ments, vessels, goods and chattels for the time being owned or held by the Corporation upon such terms as the Corporation may deem fit;