Mar 18 1905
Cheung Chau, 1905
is basically a Land Lease covering many land lots.
In the past, many big families in New Territories have built up a large land bank in certain village or district over a long period of time. Hong Kongissued a single land lease covering many land lots belonging to same family for easy management accordingly.
is a typical example, after land claim for Cheung Chau in 1899, Hong Kong issued a Block Crown Lease on 18th of March in 1905 to register for 90% of private land on Cheung Chau.
In 1995, a legislation named Block Crown Lease (Cheung Chau) Ordinance, passed to terminate’s Taxlord status for Cheung Chau, all sub-lessees of Wong Wai Tsak Tong, lease renewed or not, who were registered in Land Registry before commencement of this legislation, would become Hong Kong Government lessee.
A chapter was closed for Wong Wai Tsak Tong and Hong Kong Colonial Government.