Full legislation
s.10
New Government rent to be noted in register in Land Registry
(1) As soon as practicable after a new Government lease of a lot or section is deemed to be granted under this Ordinance— (a) the Director shall notify the Land Registrar of the amount of the new Government rent payable in respect of the lot or section; and (b) the Land Registrar shall cause the amount of the new Government rent payable in respect of the lot or section to be noted in the register of such lot or section kept in the Land Registry. (2) As soon as practicable after the making by the Commissioner after the relevant day of an interim valuation of any tenement which results in an increase in the new Government rent payable in respect of a lot or section— (a) the Director shall notify the Land Registrar of the increased new Government rent; and (b) the Land Registrar shall cause the amount of the new Government rent noted in the register of such lot or section kept in the Land Registry to be deleted and shall cause the increased new Government rent to be noted therein. (Amended L.N. 307 of 1998 )