

On 22/05/2013,
you requested for the version in force on 22/05/2013
incorporating all amendments published on or before 22/05/2013.
The closest version currently available is that of 08/10/2010.

PART IV
2003 MASTER PLAN VALUES
8.
—(1) Except where otherwise provided in this Part, the 2003 Master Plan Value as in 2003 of any land shall be determined in accordance with the formula
J x K, | ||||
where | J | is the floor area of the development of the land which may be permitted to be used for a purpose for which the land is zoned in the 2003 Master Plan; and | ||
K | is the rate under the 2003 DC Rules which corresponds to both — | |||
(a) the appropriate geographical sector of the land under the 2003 DC Rules; and | ||||
(b) the Use Group as specified in the Second Schedule within which falls the purpose for which the land was zoned in the 2003 Master Plan. | ||||
(2) Where the 2003 Master Plan does not prescribe a maximum permissible plot ratio for the land and the land is within a Landed Housing Area or any of the conservation areas set out in the Third Schedule, the value of J in the formula in paragraph (1) shall be determined using the plot ratio specified in the Third Schedule in relation to the land.
(3) For the purpose of determining the value of “K” in paragraph (1), the Use Group in Part II of the First Schedule of the 2003 DC Rules shall be deemed to refer to the particular Use Group specified in the Second Schedule within which falls the purpose for which the land was zoned in the 2003 Master Plan, and not a Use Group in Part I of the First Schedule of the 2003 DC Rules.
9.
—(1) Where the land is zoned in the 2003 Master Plan for Commercial and Residential purpose, the 2003 Master Plan Value as in 2003 of the land shall be determined in accordance with the formula
(0.4M 1 x K1 + 0.6M1 x K2), | ||||
where | M1 | is the floor area of the development of the land which may be permitted to be used for Commercial and Residential purpose in the 2003 Master Plan; | ||
K1 | is the rate under the 2003 DC Rules corresponding to both the appropriate geographical sector of the land under the 2003 DC Rules and Use Group A in the Second Schedule; and | |||
K2 | is the rate under the 2003 DC Rules corresponding to both the appropriate geographical sector of the land under the 2003 DC Rules and Use Group B2 in the Second Schedule. | |||
(2) Where the land is zoned in the 2003 Master Plan for the purpose of Hotel, the 2003 Master Plan Value as in 2003 of the land shall be determined in accordance with the formula
(0.4M2 x K1 + 0.6M2 x K3), | ||||
where | M2 | is the floor area of the development of the land which may be permitted to be used for purpose of Hotel in the 2003 Master Plan; | ||
K1 | is the rate under the 2003 DC Rules corresponding to both the appropriate geographical sector of the land under the 2003 DC Rules and Use Group A in the Second Schedule; and | |||
K3 | is the rate under the 2003 DC Rules corresponding to both the appropriate geographical sector of the land under the 2003 DC Rules and Use Group C in the Second Schedule. | |||
(3) Where the land is zoned in the 2003 Master Plan for the purpose of Business Park, the 2003 Master Plan Value as in 2003 of the land shall be determined in accordance with the formula
(0.15M3 x K1 + 0.85M3 x K4), | |||
where | M3 | is the floor area of the development of the land which may be permitted to be used for purpose of Business Park in the 2003 Master Plan; | |
K1 | is the rate under the 2003 DC Rules corresponding to both the appropriate geographical sector of the land under the 2003 DC Rules and Use Group A in the Second Schedule; and | ||
K4 | is the rate under the 2003 DC Rules corresponding to both the appropriate geographical sector of the land under the 2003 DC Rules and Use Group D in the Second Schedule. | ||
(4) Where the land is zoned in the 2003 Master Plan for the purpose of Business 1–White or Business 2-White with the notation “3.0[B – 2.5]W”, the 2003 Master Plan Value as in 2003 of the land shall be determined in accordance with the formula
(0.167M4 x K1 + 0.833M 4 x K4), | ||||
where | M4 | is the floor area of the development of the land which may be permitted to be used for purpose of Business 1-White or Business 2-White in the 2003 Master Plan; | ||
K1 | is the rate under the 2003 DC Rules corresponding to both the appropriate geographical sector of the land under the 2003 DC Rules and Use Group A in the Second Schedule; and | |||
K4 | is the rate under the 2003 DC Rules corresponding to both the appropriate geographical sector of the land under the 2003 DC Rules and Use Group D in the Second Schedule. | |||
(5) Where the land is zoned in the 2003 Master Plan for the purpose of Residential with Commercial at 1st Storey Only, the 2003 Master Plan Value as in 2003 of the land shall be determined in accordance with the formula
(0.20M5 x K1 + 0.80M5 x K2), | ||||
where | M5 | is the floor area of the development of the land which may be permitted to be used for purpose of Residential with Commercial at 1st Storey Only in the 2003 Master Plan; | ||
K1 | is the rate under the 2003 DC Rules corresponding to both the appropriate geographical sector of the land under the 2003 DC Rules and Use Group A in the Second Schedule; and | |||
K2 | is the rate under the 2003 DC Rules corresponding to both the appropriate geographical sector of the land under the 2003 DC Rules and Use Group B2 in the Second Schedule. | |||
(6) Where the land is zoned in the 2003 Master Plan for the purpose of Transport Facilities and the authorised development of the land as at 10th December 2003 is for petrol station or petrol filling station, the 2003 Master Plan Value as in 2003 of the land shall be determined in accordance with the formula
(M 6 x K1), | |||
where | M6 | is the floor area of the development of the land which may be permitted to be used for purpose of Transport Facilities in the 2003 Master Plan; and | |
K1 | is the rate under the 2003 DC Rules corresponding to both the appropriate geographical sector of the land under the 2003 DC Rules and Use Group A in the Second Schedule. | ||
(7) For the purpose of determining the values of “K1”, “K 2”, “K3” and “K 4” in paragraphs (1) to (6), the Use Group in Part II of the First Schedule of the 2003 DC Rules shall be deemed to refer to the particular Use Group specified in the Second Schedule as provided in those paragraphs, and not a Use Group in Part I of the First Schedule of the 2003 DC Rules.
10.
—(1) Where the 2003 Master Plan does not prescribe a maximum permissible plot ratio for the land and the land does not fall within rule 8(2), the values of “J”, “M1”, “M 2”, “M3”, “M 4”, “M5” and “M 6” in rules 8 and 9 shall be determined by the competent authority in accordance with paragraph 6.3 of the written statement to the 2003 Master Plan.
(2) Where the floor area of the development of land which may be permitted to be used for a purpose for which the land is zoned in the 2003 Master Plan may be allowed to exceed —
(a)
the maximum permissible plot ratio prescribed in the 2003 Master Plan under paragraph 7.0 of the written statement to the 2003 Master Plan, the values of “J”, “M 1”, “M2” and “M 5” in rules 8 and 9 shall include such amount of floor area as may be permitted in excess of the maximum permissible plot ratio; and
(b)
the maximum permissible plot ratio prescribed in the 2003 Master Plan under paragraph 8.0 of the written statement to the 2003 Master Plan, the values of “J”, “M 1”, “M2”, “M3”, “M4”, “M 5” and “M6” in rules 8 and 9 shall not include such amount of floor area as may be permitted in excess of the maximum permissible plot ratio.
11. For the purpose of determining the 2003 Master Plan Value of any land which is the subject of an application for written permission to develop made on or after 1st January 2008, the provisions in rules 8, 9 and 10 shall apply subject to the following modifications:
(a)
any reference to the 2003 Master Plan Value as in 2003 of the land shall be treated as a reference to the 2003 Master Plan Value of the land;
(b)
any reference to the 2003 DC Rules shall be treated as a reference to the prevailing DC Rules; and
(c)
any reference to the rate under the 2003 DC Rules shall be treated as a reference to the rate under the prevailing DC Rules.






