Post-enactment Review and Preparation for Title Registration : Position Report ( 1 July 2011)

The Administration has continued engaging the major stakeholders. In response to their comments regarding the three core elements of the Land Titles Ordinance (Cap.585) (LTO), namely, conversion, rectification and indemnity, the Administration has developed a new proposal – “Two-Stage Conversion Mechanism” with suitable modifications to the rectification and indemnity mechanism.

The major stakeholders have been briefed on the proposal and the initial response was positive. Pending further detailed consideration by the major stakeholders of the proposal, the Administration reported progress to the Joint Subcommittee on Amendments to Land Titles Ordinance of the Legislative Council on 16 June 2011.

Meanwhile, the Administration will continue discussion with stakeholders on the proposed Two-Stage Conversion Mechanism. Subject to a consensus being reached with stakeholders, the Administration will update members of the public on the latest development and to hear their views on the proposed way forward while concurrently prepare the necessary amendments to the LTO for the early implementation of title registration system.