1986 Ed.]
Country Parks
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(b) a mortgagee in possession;
(c) the holder of a valid or subsisting option to purchase an
interest referred to in (a) or (d);
(d) a purchaser under an agreement for sale and purchase to whom the benefit of an interest referred to in (a) or (c) has already passed.
Claims for
20. (1) Any person claiming compensation under section 19 shall submit a claim in writing to the Authority stating the nature of his estate or interest in the land and the amount which he seeks to recover.
(2) A person claiming compensation under section 19 shall submit his claim to the Authority within 1 year of the refusal to approve new development or of the receipt of a requirement to discontinue or modify the use or proposed use, as the case may be, or within such further period as the Authority may allow.
(3) If any such person and the Authority do not agree, within 3 months from the submission of the claim under subsection (1), as to the amount of compensation (if any) to be paid, either party may submit the claim to the Lands Tribunal for determination of the amount of compensation (if any) to be paid.
(4) The Lands Tribunal shall determine the amount of compensation payable in respect of a claim submitted to it under subsection (3) in accordance with section 19.
Interest on
21. The Lands Tribunal may direct that interest be paid on compensation (but not on costs) from such date and for such period as it thinks fit, at the lowest rate paid from time to time by members of the Exchange Banks Association on time deposits or at such other rate as may be determined by resolution of the Legislative Council.
22. All compensation, including interest thereon and costs, shall be paid from such money as may be provided from time to time by the Legislative Council.
23. If a claimant to whom compensation is payable, either by agreement or following an award by the Lands Tribunal,
Compensation to be paid from funds provided by the Legislative Council.
Payment when claimant absent
etc.
(a) is absent from Hong Kong;
(b) cannot be found;
(c) within 3 months of an agreement for or award of compensation makes no claim for payment; or
(d) in the opinion of the Authority is unable to give an effectual discharge for the compensation,
1986 Ed.]
Country Parks
[CAP. 208
13
(b) a mortgagee in possession;
(c) the holder of a valid or subsisting option to purchase an
interest referred to in (a) or (d);
(d) a purchaser under an agreement for sale and purchase to whom the benefit of an interest referred to in (a) or (c) has already passed.
Claims for
20. (1) Any person claiming compensation under section 19 shall submit a claim in writing to the Authority stating the nature of compensation. his estate or interest in the land and the amount which he seeks to
recover.
(2) A person claiming compensation under section 19 shall submit his claim to the Authority within 1 year of the refusal to approve new development or of the receipt of a requirement to discontinue or modify the use or proposed use, as the case may be, or within such further period as the Authority may allow.
(3) If any such person and the Authority do not agree, within 3 months from the submission of the claim under subsection (1), as to the amount of compensation (if any) to be paid, either party may submit the claim to the Lands Tribunal for determination of the amount of compensation (if any) to be paid.
(4) The Lands Tribunal shall determine the amount of com- pensation payable in respect of a claim submitted to it under subsection (3) in accordance with section 19.
Interest on
21. The Lands Tribunal may direct that interest be paid on compensation (but not on costs) from such date and for such period compensation. as it thinks fit, at the lowest rate paid from time to time by members of the Exchange Banks Association on time deposits or at such other rate as may be determined by resolution of the Legislative Council.
22. All compensation, including interest thereon and costs, shall be paid from such money as may be provided from time to time by the Legislative Council.
23. If a claimant to whom compensation is payable, either by agreement or following an award by the Lands Tribunal,-
Compensation to be paid from funds provided by the Legislative Council.
Payment when claimant absent
etc.
(a) is absent from Hong Kong;
(b) cannot be found;
(c) within 3 months of an agreement for or award of compen-
sation makes no claim for payment; or
(d) in the opinion of the Authority is unable to give an
effectual discharge for the compensation,
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