Louis Ng on Land Betterment Charge Bill
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Louis Ng on Land Betterment Charge Bill(Updated: )
MP Louis Ng raised questions about the Land Betterment Charge Bill in Parliament on Monday (May 10). He asked about the scope of ministerial power to grant exemptions from the LBC, seeking assurance that this would be in line with the aims of urban development, enhancing productivity of the construction industry and promoting environmentally sustainable development. Mr Ng also wanted to know how the Government would recover benefits reaped from unlawful development, noting that its power to order restoration of affected land or impose a penalty tax seemed to be mutually exclusive.