The Land Registry Annual Report 2009/10
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Vision, Mission, Values and FunctionsOur Vision
To be the best in all that we do.
Our Mission
- To ensure secure, customer friendly land registration and information services.
- To advocate reform of Hong Kong's land registration system through introduction of title registration.
Our ValuesIntegrity |
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to customers, partners and colleagues we observe the highest ethical standards.
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Excellence |
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we aim to excel in all that we do.
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Respect |
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we show respect and trust to our customers, partners and colleagues.
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Learning |
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we learn constantly from each other, from our partners, customers and comparable organisations elsewhere how to provide better services to the community. |
Our Value to Hong Kong- Over half of all Hong Kong families are registered property owners.
- Banks and financial institutions loan over HK$1,442 billion against the security of registered land and property.
- Over five million searches of registered information take place each year.
- Over 80 Government departments and agencies use the Land Registry's information for purposes ranging from planning studies to security investigations.
- Registered information traces back to 1844 — providing resources for the economic and social history of Hong Kong.
Functions
The Land Registry's main functions are to:
- administer a land registration system by maintaining an up-to-date land register and the related land records under the Land Registration Ordinance (Cap. 128) and its regulations;
- provide the public with facilities for search of the land register and other land records;
- provide Government departments and agencies with property information; and
- process applications for the incorporation of owners under the Building Management Ordinance (Cap. 344).