TNAG-1724-FCO40-2437-Minutes-and-Hansards-of-the-Legislative-Council-of-Hong-Kong-1988 — Page 354

"t'ongs"

And

furthermore,

some

fact

"t'sos"

in

organisations using the name of

nature with Lands donated by

in are

indigenous villagers for beneficiaries who are also indigenous

villagers.

It is very important to clarify the eligibility of these

"t'sos" and "t'ongs" for rent concession purposes: otherwise will create uneasiness among the indigenous villagers.

are

it

The matter was brought to the Land Commission for

consideration. The Land Commission subsequently agreed that rent concession would be extended to all "t'sos" and "t'ongs", in which

all the members MARKE indigenous villagers. The Bill will be modified accordingly to make provision for this. I believe this will help to eliminate the worries of those "t'sos" and "t'ongs"

which are made up of indigenous villagers.

Deeds of Mutual Covenants

The third area of concern, as expressed by the

Association of Building Management and some property owners, is about the extension of the validity of deeds of mutual covenants

(DMCS in short) along with the extension of New Territories

leases. Under the terms of some DMCS, the management company

appointed by the first owner becomes the manager of the property

for the life of the lease, and there are obvious reasons why

not want to be bound by these terms for another 50

owners

years.

do

The Administration explains that under this Bill DMCS

will survive for the full period of the extension, and this is necessary for good management of multi-ownership property. Should all DMCS cease to be enforceable after the expiry of the original

lease terms, a very serious property management

management problem would develop. Owners who find the DMC unfair or oppressive may however

take up the issue separately.