Govt Decides To Appeal Small House Policy Ruling
"); jQuery("#212 h3").html("

"); });
2019-07-09 HKT 18:31
The government has decided to appeal against a High Court ruling over the controversial Small-House Policy.
The court ruled in April that male indigenous villagers should only have the right to build their own three-storey home on ancestral land, and not plots obtained from the government.
The Development Bureau said the court judgement involves the interpretation of Article 40 of the Basic Law, which is a matter of constitutional importance.
Article 40 of the mini-constitution stipulates that “lawful traditional rights and interests of the indigenous inhabitants of the ‘New Territories’ shall be protected by the Hong Kong Special Administrative Region”.
While the bureau said legal advisers believe the government has grounds to lodge an appeal, it did not specify what those grounds are.
Democratic Party lawmaker Andrew Wan said he’s extremely disappointed with the government’s decision, saying authorities had sided with rural villagers and “betrayed” the rights of all other Hong Kong people.
The April ruling by the High Court came after "King of judicial reviews" Kwok Cheuk-kin along with social worker Hendrick Lui, challenged the policy.
The court did not accept their arguments of sexual discrimination, but upheld the argument about whether the rights are traditional and traceable to before 1898 when the New Territories were leased to Britain.
EX.IO Partners With Franklin Templeton To Expand Tokenised Assets In Hong Kong
EX.IO, a licensed virtual asset trading platform in Hong Kong, has formed a strategic partnership with global investmen... Read more
HKMC Prices HK$12 Billion Digital Bond Issuance, Largest Globally
The Hong Kong Mortgage Corporation Limited (HKMC) has priced its inaugural digital bond issuance, raising approximately... Read more
MUFG, SMFG And Mizuho Plan Joint Yen Stablecoin By March 2027
Three of Japan’s largest financial groups, MUFG, SMBC, and Mizuho, plan to jointly issue a stablecoin by March 2027, ... Read more
TransUnion Launches Free Credit Reports For Lost HKID Holders In Hong Kong
TransUnion is offering a one-time free credit report to eligible individuals in Hong Kong who have lost their Hong Kong... Read more
Why HSMs Are Becoming Essential For Digital Asset Key Security
Conversations revolving around digital asset finance often return to the blockchain, but Shaun Chen’s concern sits cl... Read more
Webinar: The Deepfake Threat And What APAC Financial Institutions Are Doing About It
Generative AI is making fraud more convincing and easier to scale. Reports of Gen AI-enabled scams rose 456% between Ma... Read more
