Section 8

No specified land in respect of which a development notice has been served shall be transferred, subdivided, subleased, charged or otherwise disposed of without the written consent of the Committee, and the Committee may give or withhold such consent in its absolute discretion and without assigning any reason therefor.

The Committee may give a consent required by subsection (1) subject to any conditions it may think fit, including conditions specifying the maximum rental payable and the maximum amount, if any, which may be received as a premium, in respect of any land disposed of by a subdivision or sublease.

Upon receipt of a copy of a development notice the Registrar shall note the same against the title concerned and notwithstanding any provision of the Land Ordinance

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[Cap. 68.] to the contrary, shall not register any memorandum in respect of any land comprised in such title unless the consent required by subsection (1) is produced to him with such memorandum.

For the avoidance of doubt it is hereby declared that the provisions of this section shall continue to have effect notwithstanding that a scheme has been approved in respect of the land concerned under the provisions of section 9.

Contents and approval, etc., of scheme.