16-DEC-1991 15:41
BRITISH TRADE COMM
8
P.12
effect accordingly. In the event of more than one building being erected on the lot the Grantee may be required to take up a separate lease for the site of each separate building and shall pay the Registrar General (Land Officer) the prescribed fees for every additional lease so required to be taken up.
(e) Pending the issue of the lease the tenancy of the lot shall be deemed to be upon and subject to and such lease, when issued, shall be subject to and contain all exceptions, reservations, covenants, clauses, conditions and provisos as are now inserted in the leases issued by the Government of similar lots in Hong Kong as varied, modified or extended by these Conditions.
Definitions 14. Ka) The expression "Grantee" shall in these Conditions
include the person entering into and executing this Agreement and where the context so admits or requires his executors, administrators and assigns and in the case of a corporation its successors and assigns and the expression "lot", except where the context otherwise requires, means the lot stated in the Particulare of the Lot hereof. Where the context 30 admits or requires, words importing the masculine gender shall be deemed to include females and corporations, and words in the singular shall be deemed to include the plural.
(b) The foregoing General Conditions shall be read and construed as varied or modified by the Special Conditions hereinafter contained, and the expression "these Conditions" whenever used shall mean and include the General and Special Conditions.
Marginal notes
15.
The marginal notes to these Conditions shall not be deemed to be part of these Conditions and shall not affect the interpretation or construction thereof.
Exemption
16.
The lot shall be exempted from the provisions of Part II of the New Territories Ordinance.
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