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

“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;