Registrar-Generals-Department-Annual-report-1972-1973 — Page 13

Registrar General Annual Report 華民政務司 註冊總署 年報 All

to $66.83m., this being due mainly to increases of $51.57m. in fees received in the Companies Registry, and of $813,000 in Land Office fees. Total revenue exceeded the approved estimates by $49.5m. The full Statement of Revenue is set out in Table III.

20. On the other side of the account the Department's actual expenditure of $9.03m. was $96,000 less than the approved estimate of $9.12m. The $9.03m. does not, however, represent the total cost of running the Department. To arrive at that one would have to add the cost of the Government accommodation occupied and a sum represent- ing the value of pensions and other 'fringe' benefits. On the other hand, it should be borne in mind that the Marriage and Births and Deaths Registries are not self-supporting, and the fees charged therein represent only a fraction of the cost of running these Registries.

PART II

LAND OFFICE

Functions

21. The Land Office is responsible for the registration of all instru- ments affecting land, the settling and registration of Conditions of Sale, Grant and Exchange of Crown land, the issue, renewal, variation and termination of Crown leases, the granting of Mining Leases, and advising the Government generally on matters relating to land. The District Land Offices in the New Territories are separately administered by District Officers under the direct control of the District Commis- sioner New Territories in his capacity as Assistant Land Officer. Accordingly, the figures given in the following paragraphs do not include figures in respect of land in the New Territories registered in the District Land Offices.

General Review

22. A general review of conditions in the Property Market and their effect on the work of the Land Office is given in Part I in paragraphs 3 to 8.

Deeds Registration

23. Under the Land Registration Ordinance the Land Office is responsible for the registration of deeds and other instruments relating

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