This Ordinance provides for a person who owns not less than 90 percent of undivided shares in a lot to apply to the Lands Tribunal for a compulsory sale of the whole lot for the purpose of redevelopment. Other provisions include: lot to be sold by auction and default on payment by the purchaser of the lot; registration of order for sale; and application of proceeds of sale.
China, Hong Kong SAR · 1998-04-07