| 1. | The chairperson of the collective sale committee in question |
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| | | Requirement in paragraph 1(a) of the First Schedule to the LTSA to execute a collective sale agreement no more than 12 months before the date of the application under section 84A(1), 84D(2), 84E(3) or 84FA(2) of the LTSA (called in this item the 12‑month period). |
| | | (a) | where the 12‑month period has not expired on the date of the application under paragraph 3 — replace that period with the period of 18 months before the date of the application under section 84A(1), 84D(2), 84E(3) or 84FA(2) of the LTSA; |
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| (b) | where the 12‑month period has expired on the date of the application under paragraph 3 — replace that period with the period of 6 months after the date the Minister approves the application. |
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| 2. | The chairperson of the collective sale committee in question |
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| | | Requirement in paragraph 1(a) of the First Schedule to the LTSA for the collective sale agreement to be executed within the permitted time as defined in paragraph 2(1)(a) of that Schedule (called in this item the permitted time). |
| | | (a) | where the permitted time has not expired on the date of the application under paragraph 3 — replace sub‑paragraph (ii) of paragraph 2(1)(a) of the First Schedule to the LTSA with the following: |
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| “(ii) | ending not more than 18 months after the date the first subsidiary proprietor or proprietor, or his duly appointed attorney (as the case may be), signs the collective sale agreement; and”; |
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| | | | | (b) | where the permitted time has expired on the date of the application under paragraph 3 — |
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| (i) | replace sub‑paragraph (ii) of paragraph 2(1)(a) of the First Schedule to the LTSA with the following: |
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| | | | | “(ii) | ending not more than 6 months after the date the Minister approves the application under the COVID‑19 (Temporary Measures) (Temporary Measures for Conduct of Collective Sale of Property) Order 2020; and”; and |
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| | | | | (ii) | replace the words “within 4 weeks after the start of the permitted time and thereafter at intervals of not more than 4 weeks from the date of the last notice under this sub‑paragraph” in paragraph 1(b) of the First Schedule to the LTSA with the following: |
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| | | | | (iii) | within 4 weeks after the start of period A and thereafter at intervals of not more than 4 weeks from the date of the last notice under this sub‑paragraph until the end of period A; |
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| | | | | (iv) | within 4 weeks after the start of period B and thereafter at intervals of not more than 4 weeks from the date of the last notice under this sub‑paragraph, |
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| | | | | (v) | period A is the permitted time that has expired; and |
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| | | | | (vi) | period B is the permitted time after the modification in item 2(b)(i) of the Schedule to the COVID‑19 (Temporary Measures) (Temporary Measures for Conduct of Collective Sale of Property) Order 2020;”. |
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| 3. | The chairperson of the collective sale committee in question or, if the collective sale committee is dissolved before the date of the application under paragraph 3 by reason of paragraph 12(2) of the Third Schedule to the LTSA, the chairperson of that collective sale committee |
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| | | Under paragraph 12(2) of the Third Schedule to the LTSA, a collective sale agreement for the collective sale must be executed, or a subsidiary proprietor or proprietor must execute such agreement, within the period of 12 months after (called in this item the 12‑month period) the collective sale committee is constituted, and if not the collective sale committee is dissolved. |
| | | (a) | where the 12‑month period has not expired on the date of the application under paragraph 3 — replace that period with the period of 18 months; |
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| (b) | where the 12‑month period has expired on the date of the application under paragraph 3 — |
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| (i) | the dissolution of the collective sale committee is not treated as a relevant event under paragraph 2 of the Second Schedule to the LTSA, and accordingly — |
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| | | | | (A) | paragraph 2(1A), (2A) and (3A) of that Schedule does not apply in relation to the reconstitution of the collective sale committee; and |
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| (B) | paragraph 2(1), (2) and (3) of that Schedule applies instead in relation to such reconstitution. |
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