2634
Obligations of Marine Lot owners.*
No. 17 of 1921. PRAYA EAST RECLAMATION.
(2) The areas allotted to the respective Marine Lot owners shall be as nearly as possible as set forth in the statement to accompany the said plan which is dated the 1st day of June, 1921, signed by the Director of Public Works, and deposited in the Land Office: Provided that if any area which forms the qualification for a right to participate in the said reclamation scheme shall have been sub-divided before the ascertainment of the respective Marine Lot owners, the reclaimed areas shown in the said plan and statement as to be allotted in respect of such first-mentioned area shall be sub-divided in proportion to the frontage on Praya East of the sub-divisions of such first-mentioned area.
66
(3) The areas coloured red on the said plan and marked thereon, "1, 2 & 3", "28A", and "15A & 41A", and the area margined in red on the said plan, and the streets coloured yellow on the said plan, shall be allotted to the Government of Hongkong.
(4) If the Government of Hongkong shall acquire the participation rights of any person who is entitled to participate in the said scheme, the reclamation areas which would have been allotted to such person shall be allotted to the Government of Hongkong, and the proportion of cost attributable to such areas, and the amount of any compensation which may be paid to such person, shall be borne and paid by the Government of Hongkong.
(5) Upon the due performance by a Marine Lot owner and his successors in title (if any) of all the obligations imposed upon him and them by this Ordinance, the Governor shall grant to the Marine Lot owner or to his successor in title a Crown lease of the reclamation areas allotted to the said Marine Lot owner or his successor in title: Provided that, if there is any variation in superficial area between the said plan and statement and the areas available and actually allotted, the lease shall be of the areas actually allotted, and the Governor shall alter accordingly the total contribution of the Marine Lot owner.
8.-(1) Every person who is entitled, and who desires, to participate in the said reclamation scheme shall, before executing the agreement referred to in section 4 (5), deposit with the Hongkong and Shanghai Banking Corporation, in
* As amended by Law Rev. Ord., 1924.
2634
Obligations of Marine Lot
owners. *
No. 17 of 1921. PRAYA EAST RECLAMATION.
(2) The areas allotted to the respective Marine Lot owners shall be as nearly as possible as set forth in the statement to accompany the said plan which is dated the 1st day of June, 1921, signed by the Director of Public Works, and deposited in the Land Office: Provided that if any area which forms the qualification for a right to partic- ipate in the said reclamation scheme shall have been sub-divided before the ascertainment of the respective Marine Lot owners, the reclaimed areas shown in the said plan and statement as to be allotted in respect of such first- mentioned area shall be sub-divided in proportion to the frontage on Praya East of the sub-divisions of such first- mentioned area.
66
(3) The areas coloured red on the said plan and marked thereon, 1, 2 & 3", "28A", and "15A & 41A", and the area margined in red on the said plan, and the streets coloured yellow on the said plan, shall be allotted to the Government of Hongkong.
(4) If the Government of Hongkong shall acquire the participation rights of any person who is entitled to part pate in the said scheme, the reclamation areas which w have been allotted to such person shall be allotted to the Government of Hongkong, and the proportion of cost attributable to such areas, and the amount of an com- pensation which may be paid to such person, shall be borne and paid by the Government of Hongkong.
(5) Upon the due performance by a Marine Lot owner and his successors in title (if any) of all the obligations imposed upon him and them by this Ordinance, the Gover- nor shall grant to the Marine Lot owner or to his successor in title a Crown lease of the reclamation areas allotted to the said Marine Lot owner or his successor in title: Provided that, if there is any variation in superficial area between the said plan and statement and the areas available and actually allotted, the lease shall be of the areas actually allotted, and the Governor shall alter accordingly the total contribution of the Marine Lot owner.
8.-(1) Every person who is entitled, and who desires, to participate in the said reclamation scheme shall, before executing the agreement referred to in section 4 (5), deposit with the Hongkong and Shanghai Banking Corporation, in
* As amended by Law Rev. Ord., 1924.
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