to that existing on the property at the time. In that case the rent would be re-assessed on the basis of the restricted development and so be considerably lower. If at a later date the lessee wishes to redevelop his lot more intensively he can apply for a modification of the lease restrictions and pay the full increased development value in a lump sum within a specified time, not being later than the date of the first assignment of the whole or part of the property. The re-assessed Crown rent would however remain unaltered.
42. In connexion with all Conditions of Sale, Regrant, Exchange, etc., close liaison is maintained with the Colonial Secretariat and the Crown Lands and Survey Office, and so far as possible all major questions arising in the course of scrutiny are discussed and decided at weekly meetings of the Superintendent of Crown Lands and Survey, the Principal Assistant Colonial Secretary (Lands) and the Registrar General or his representative. After the terms have been agreed, the Land Office is responsible for having the Conditions duly executed by the lessees.
43. The New Territories Section of the Registrar General's Department, described in paragraph 48, scrutinized and commented on 206 draft Conditions of Sale etc. relating to New Territories lots.
Sale of Flats in Uncompleted Buildings
44. The Conditions of Sale of new lots and Exclusion Orders made under the Landlord and Tenant Ordinance after 20th December 1961 contain clauses prohibiting the owners from entering into agreements for the sale of units in uncompleted buildings without the prior consent of the Registrar General and then only in conformity with any condi- tions imposed by him. During the year, 109 applications for such consent were received, and 100, including some received in 1965-66, were approved on certain conditions. 58 applications were withdrawn and 23 were pending at the end of the year.
Modification of Lease Covenants
45. Before the war many lots were sold with height and other restrictions which are, under the changed conditions of modern Hong Kong, no longer considered necessary. There are therefore many cases in which Government is prepared to grant modifications of the original restrictions on terms usually including the payment of an additional premium. During the year 59 applications for modifications were
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