Hong Kong Ordinances

LAND (COMPULSORY SALE FOR REDEVELOPMENT) ORDINANCE - SECT 7

Registration of order for sale, etc.

(1) The trustees under an order for sale shall cause a copy of-

   (a)  the order; and

   (b)  Schedule 3, to be registered under the Land Registration Ordinance (
        Cap 128) against the lot to which the order relates and, immediately
        upon that registration-

        (i)    notwithstanding any other law, there shall by virtue of this
               section vest in the trustees the power to assign all the
               estate, right and interest in the lot held by the
               majority owner and the minority owner of the lot for- (A) the
               purposes of selling the lot only to the purchaser of the lot
               (or, if the purchaser is the majority owner or any
               minority owner, selling such part of the lot which is not
               already owned by the purchaser); (B) the purposes of
               discharging the duties imposed on trustees under this Ordinance
               in relation to the lot; and (C) the purposes of executing any
               documents required for any of the purposes referred to in
               subparagraph (A) or (B); and

        (ii)   the conditions specified in Schedule 3 shall be binding on and
               enforceable against the purchaser and the purchaser's
               successors in title.

(2) A new trustee or trustees appointed by virtue of section 4(10) shall cause
a copy of the order appointing him or them to be registered under the
Land Registration Ordinance ( Cap 128) against the lot to which the order
relates and, immediately upon that registration-

   (a)  the order for sale concerned shall be read and have effect to take
        into account the effect of that first-mentioned order; and

        (b)	the references to "trustees" in subsection (1)(i), and the 
other provisions of this Ordinance, shall be construed accordingly.

(3) Where an order for sale is of no effect by virtue of section  5 (2) or
(4), the trustees under the order shall as soon as practicable thereafter
cause-

   (a)  the registration referred to in subsection (1) of the order and of
        Schedule 3 (insofar as it relates to the lot); and

   (b)  the registration, if any, referred to in subsection (2) of the order
        first-mentioned in subsection (2), to be vacated under section 20 of
        the Land Registration Ordinance ( Cap  128).

(4) Where the purchaser of the lot the subject of an order for sale is the
majority owner or any minority owner of the lot, the power vested under
subsection (1)(i) in the trustees under the order to assign all the estate,
right and interest in the lot shall cease immediately upon the purchaser
becoming the owner of that part of the lot which is not already owned by the
purchaser.

(5) It is hereby declared that-

   (a)  subsection (1)(i) shall not operate to prevent the majority  owner or
        any minority owner of the lot the subject of an order for sale from
        assigning all or any part of the estate, right and interest in the lot
        respectively held by them-

        (i)    at any time before there is a purchaser of the lot; and

        (ii)   that they have the power to assign;

   (b)  where the trustees exercise the power vested under subsection

(1)(i) to assign all the estate, right and interest in the lot, then for all
purposes the assignment shall be as valid and effectual as if it had been made
by the majority owner and minority owner of the lot.

(6) The purchaser of the lot shall, not later than 14 days after the day on
which he became the owner of the lot, notify the Director of Lands in writing
that he became such owner.