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898 for acceptance. When the owner has accepted the plan, the Conservancy Board will assess the shengko price due.

4. In calculating the shengko-price per mow, the Board, while taking as a basis the price of the land in the vicinity, shall consider the total cost of filling in and bunding and all other conditions involved.

5. The shengko amount so assessed shall be communicated by the Board to the owner, in the case of a foreign owner through his Consul. The owner shall make payment direct to the Board who will give an official receipt. On presentation of this receipt the proper Chinese Authority shall issue the title-deed with the shengkoed area endorsed thereon without further delay. No receipt shall be valid for shengko for lands which are subject to this agreement except that of the Board.

6. Should the owner of the foreshore lot consider the shengko price as assessed by the Board excessive, he has the right of appeal as provided in Article VIII of the Conservancy Agreement of 1905.

7. Owners who have only paid the nominal rate of Taels 250 per mow, recently levied conditionally by the Board, shall make good to the Board the difference between that sum and the shengko amount assessed in the above manner; on the other hand if the shengko rate is assessed at less than Taels 250 per mow, the Board shall refund any excess paid by the owner.

8. In drafting the plans of foreshore lots the Conservancy Board shall proceed as follows:

The Whangpoo River Highwater Line at Ordinary Spring Tides at the time being (12.5 feet above the Woosung Conservancy Datum) being taken as a base, the points at which the lateral boundaries of the original lot intersect this Highwater Line shall be determined. Then two lines drawn from these points to meet the final Normal Line perpendicularly shall be taken as the lateral boundaries of the shengko area while the boundary on the river side shall be the Normal Line for the time being.

When owing to this extension out to the Normal Line land formerly belonging to an old lot which has been eroded by the action of the river, or otherwise, is recovered, the lateral boundaries of such recovered land shall be the boundaries defined in the foregoing paragraph notwithstanding that they may not coincide with the boundaries of the original land eroded.

The definition of boundaries above prescribed is made subject to the provision that such boundaries shall not conflict with the boundaries of reclaimed land, adjacent to the lot which is being dealt with, for which shengko shall have been paid and title deeds issued previously to the enactment of this regulation.