19-FEB-1992
11:51
BRITISH TRADE COMM
P.02
OHNSON
STOKES &
MASTER
In association with Norton Rose
Solicitors. Notaries, Agents
for Trademarks and Patents
孖士打律師行
綠諾頓羅氏律師行
香港中琛涉打道10號太子大厦17樓
17th Floot. Prince's Building
10 Chater Road, Hong Kong Telephone: 843 2211
Telex: 73704 HX / 75107 HX
Facsimile: 845 9121 / 845 1735 / 868 1964
DX-9001-1C Hong Kong
Other offices: Bangkok, Beijing, Kowloon
and New Territories
Our ref:
Your ref:
RWN/928577/9 (F396) Direct line:
British Trade Commission Hong Kong,
9/F., Bank of America Tower,
12 Harcourt Road,
Hong Kong.
Attn: Mr. Russell Jarvis
Dear Sirs,
8432278
Date:
18th February, 1992
BY HAND
Re: Proposed Private Treaty Grant
over Inland Lot No.8675
Further to our letter yesterday, we have now managed to obtain a copy of the Crown Lease dated 14th April, 1960 in favour of the Government of the United States of America in respect of their Consulate General premises at Garden Road on Inland Lot No.6622 and are pleased to enclose a copy for your information.
On looking through the enclosed Crown Lease, you will be interested to note the following:
1.
2.
on page 4 the power for the Director of Lands at least twice or more often in every year at all reasonable times in the day to enter into and upon the demised premises to view, search and see the condition of them etc.:
on page 7 there is a most unusual provision (and indeed the writer of this letter has never seen this in any other Crown Lease) whereby the Government of the United States of America has the option to purchase the foo simple (ie. the freehold reversion) at any time during the Lease upon giving three months' notice to the Government and paying a fair value for the premises. Quite how this would operate in the present environment with the Joint Declaration in existence and sovereignty over Hong Kong passing to China in 1997 is hard to imagine and it would seem clear the Government is not now in a position to transfer the "freehold" over to the Government of the
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