Page:Land Titles Ordinance (Cap. 585).pdf/9

LAND TITLES ORDINANCE “Land Registry” (土地註冊處) means the Land Registry of the Government of the Hong Kong Special Administrative Region which is administered by the Registrar;

“Land Titles Indemnity Fund” (土地業權彌償基金) means the indemnity fund established pursuant to section 90;

“lease” (租契) includes an agreement for a lease and a tenancy but does not include a Government lease;

“lessee” (承租人) means—
 * (a) in relation to a registered long term lease, the person named in the Title Register as the lessee of the lease; and
 * (b) in relation to any other lease, the lessee of the lease;

“liquidator” (清盤人) has the meaning assigned to it by section 2(1) of the Companies Ordinance (Cap. 32);

“lis pendens” (待決案件) means—
 * (a) any action or proceeding pending in any court or tribunal that relates to land or any interest in or charge on land; or
 * (b) a bankruptcy petition;

“long term lease” (長期租契) means a lease—
 * (a) granted by—
 * (i) subject to subparagraph (ii), the owner of registered land;
 * (ii) if the lease was granted before the land became registered land under this Ordinance, the owner of the land at the time of the grant,
 * of the right to exclusive possession of the land for a term of not less than 21 years;
 * (b) not at rack rent; and
 * (c) in respect of which a premium has been paid,

but does not include any lease the unexpired term of which is less than 21 years at the time it is registered;

“lot” (地段) includes a section and subsection of a lot;