346
THE HONG KONG GOVERNMENT GAZETTE, MAY 4, 1934.
LAND REGISTRY OFFICE.
No. 364 - It is hereby notified (1) that Government Notification No 570 of 1924, as amended by Government Notification No. 470 of 1931, is hereby revoked and (2) that until further notice there shall be deemed to be incorporated in the published Particulars and Conditions of all sales of Crown Land in the New Territories (exclusive of that portion described as "Southern District Mainland in the Order in Council dated the 15th March, 1906, Government Notification No. 212 of 1906) (a) the following General Conditions of Sale (unless otherwise stated), and (b) such of the following Special Condi- tions as are therein referred to by their respective numbers.
:0th April, 1934.
T. S. WHYTE-SMITH, Land Officer.
GENERAL CONDITIONS OF SALE.
1. The highest bidder above the upset price shall be the Purchaser, and if any dispute arise between two or more bidders for any lot, such lot shall be put up again at a former bidding.
2. No person shall at any bidding advance less than one dollar or such other sum as shall be named at the time of sale.
3. Immediately after the fall of the hammer, the Purchaser of the lot shall sign a Memorandum of Agreement in the form hereinafter contained, for completing the purchase in accordance with the general and special conditions of sale and shall, within three days of the day of sale, pay to the District Officer, for and on behalf of His Majesty the KING, the full amount of Premium at which the lot shall have been purchased.
4. The Purchaser of each lot shall, when required by the District Officer and prior to the issue of a Crown Lease, if such is intended to be issued, pay the sum of $6 for each boundary stone which shall be fixed by the Director of Public Works at each angle of the new lot marked with the Registry Number of the lot, and the Purchaser shall notify the District Officer when he is ready to have the boundary stones fixed. If it is intended that the angles of the lot shall be covered by building, walls or other erections such notification must be given at least 14 days before the foundations are up to the ground level to enable the boundary stones to be fixed into the erections. If such notification be not given the Director of Public Works shall be at liberty at any time to enter on the lot and to cut into such erection and do any other act necessary for the purpose of fixing the boundary stones. Any expense incurred in consequence shall be borne by the Purchaser and the amount paid into the District Office within 7 days of receipt of a demand in writing from the District Officer.
5. The Purchaser of each lot shall where such lot is sold as a building lot, build and finish, fit for occupation, before the expiration of twenty-four calendar months from the day of sale, in a good, substantial and workmanlike manner, one or more good and permanent messuage or tenement upon some part of such lot with walls of stone or brick and lime-mortar and roof of tiles or such other materials and in such manner as may be approved by the District Officer, and in all other respects to the satisfaction of the District Officer and shall expend thereon in rateable improvements not less than the amount specified in the Particulars and Conditions of Sale. Provided that nowithstand- ing any default by the Purchaser in complying with this condition as regards any lot, and notwithstanding any acceptance on behalf of the Crown of any Crown rent or rates or other payment whatever, the District Officer may in his discretion, and whether the Purchaser consent or not, fix at any time and from time to time any extended period for the completion of any of the said buildings in substitution for the said period of 24 months, and thereupon the obligation hereunder of the Purchaser to complete the said building shall be taken to refer to such substituted period, and the right of re-entry reserved in these conditions shall arise upon default of completion within such sub- stituted period as if it had been the period originally provided.
No comments yet.
Private notes are available after approval.