TNAG-1705-FCO40-2377-Counterfeiting-and-forgery-provisions-in-Hong-Kong-1987 — Page 19

A516

Ord. No. 71/87

LAND DEVELOPMENT CORPORATION

SECOND SCHEDULE

CONSEQUENTIAL AND OTHER AMENDMENTS

[s. 20.]

Enactment

(Cap. 124.)

1.

Crown Lands Resumption

Ordinance

(Cap. 201.)

2.

Prevention of Bribery Ordinance

Amendment

Delete section 5 and substitute the following-

"Reversion of ownership to the

Crown.

5.

On the expiration of 1 month, or any longer period authorized under section 4(3), the land other than any land purchased by agreement under section 4A shall-

(a) where it is an undivided share in land, vest in The Financial Secretary Incorporated together with such rights to the use and occupation of any building or part thereof as may be appur- tenant to the ownership of that share; and

(b) in all other cases, revert to the

Crown,

and all the rights of the owner, his assigns or representatives and of any other person in or over the land or any part thereof shall absolutely cease.”.

In the Schedule insert after item 50 the following—

"51. Land Development Corporation.".

Passed by the Hong Kong Legislative Council this 9th day of December

1987.

LAW Kam-sang,

Clerk to the Legislative Council.

This printed impression has been carefully compared by me with the bill, and is found by me to be a true and correctly printed copy of

the said bill.

LAW Kam-sang,

Clerk to the Legislative Council.