1. Principles of the Pilot Scheme
Just as with URA-initiated redevelopment projects, demand-led redevelopment
projects are implemented under the Urban Renewal Authority Ordinance (Cap.563 of the Laws of Hong Kong) (the “URAO”).
The Pilot Scheme covers only development projects which may be implemented under Section 26 of the URAO, so amendments to the Outline Zoning Plan are not required.
The prevailing principles adopted by the URA in the acquisition of properties will be applicable to the demand-led redevelopment projects implemented subsequent to the Pilot Scheme.
The prevailing principles adopted by the URA for the provision of re-housing and ex-gratia payments will be applicable to any demand-led redevelopment projects implemented subsequent to the Pilot Scheme.
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