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| Development Secretary Carrie Lam. Photo: RTHK. |
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Legislators are debating a
bill aimed at making it easier
for developers to take over
old buildings. Under the draft
law, compulsory sales will be
triggered if 80-percent of
owners agree to sell - down
from the current 90-percent.
Six legislators are proposing
changes to the bill. However,
the Development Secretary,
Carrie Lam, rejected the
amendments, including one
stating that owners should be
given a flat of comparable
size in a new development.
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