Rural Body Vows To Appeal Small House Ruling

"); jQuery("#212 h3").html("

"); });
2019-04-30 HKT 22:08
Rural body, the Heung Yee Kuk, said on Tuesday that it's decided to appeal a court ruling over the government's small house policy.
The High Court ruled earlier this month that while Article 40 of the Basic Law protects the traditional rights of indigenous villagers to build small homes without paying land conversion fees, they can only do so on private land – and not on land obtained from the government through Private Treaty Grants (PTG) or land exchanges.
Nearly a thousand indigenous villagers took part in a meeting to discuss the ruling on Tuesday.
One rural leader suggested seeking Beijing's interpretation of the Basic Law or even organising a movement to fight for their rights.
But Kuk Chairman Kenneth Lau said his rural body plans to first seek justice through Hong Kong courts, vowing to fight for the rights of indigenous villagers at all costs.
Between 1972, when the small house policy was introduced, and June last year, more than 28,000 Free Building Licences were issued for villagers to construct a home of up to three storeys on their own private land.
Meanwhile, some 14,000 houses were built on government land via the Private Treaty Grant, or after land was exchanged with the government.
TOPPAN Edge Becomes Japans First Qualified VLEI Issuer
The Global Legal Entity Identifier Foundation (GLEIF) has announced TOPPAN Edge, a subsidiary of TOPPAN Holdings that p... Read more
SFC And Dubais DFSA Partner On Cross-Border Regulatory Cooperation
The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (D... Read more
Toss To Launch Finance Super-App In Australia, Plans Won-Based Stablecoin
South Korea’s fintech unicorn Toss is preparing to launch its finance super-app in Australia before the end of this y... Read more
China Funds Research On Stablecoins And Cross-Border Oversight
China’s largest government-backed research funder has begun accepting applications for studies on stablecoins and the... Read more
XTransfer, CZBank Shanghai Branch Form Cross-Border Finance Partnership
XTransfer has entered into a partnership with the Shanghai branch of China Zheshang Bank (CZBank). The agreement was si... Read more
Brinc Launches VentureVerse Through Acquisition Of OG Club
Brinc, a Hong Kong-based venture acceleration and corporate innovation firm, has acquired OG Club, a decentralised auto... Read more