|372B||Title:||KOWLOON-CANTON RAILWAY CORPORATION BY-LAWS||Gazette Number:||L.N. 162 of 2007; L.N. 200 of 2007|
|Bylaw:||29||Heading:||Sale of unclaimed articles (Suspended L.N. 162 of 2007 s. 2)||Version Date:||02/12/2007|
With effect from 2 December 2007, the operation of these by-laws is suspended during the Concession Period referred to in s. 2(1) of the Kowloon-Canton Railway Corporation Ordinance (Cap 372), for details please see L.N. 162 and 200 of 2007.
(1) All articles or objects found which have not been claimed by the true owner within one month after being so found will be deemed to have been abandoned by the true owner and may be sold or otherwise disposed of by or on behalf of the Corporation in any manner and at any price as the Corporation in its absolute discretion may determine and the proceeds of any such sale or disposal shall be retained by the Corporation for its absolute use and benefit:
Provided that any article or object which the Corporation considers to be of a perishable nature may be sold or disposed of at an earlier date.
(2) In respect of any article or object found by a person not being a member of the staff or an authorized person the finder may, in the absolute discretion of the Corporation, receive the payment of an amount to be determined by the Corporation in its absolute discretion following the sale of such article or object.