Read the full judgment text of FACV 000010/2005 on BabelCite. This FACV judgment was delivered on 20 July 2005.
1. The respondent Housing Authority (“ the Authority ”) is a statutory corporation. The question arising in this appeal is whether it has the power to dispose of properties being retail and carpark facilities (“ retail and carpark facilities ” or “ facilities ”) within its housing estates to the Link Real Estate Investment Trust (“ Link REIT ”), a unit trust to be listed on the Hong Kong Stock Exchange. The issue concerns the legal capacity of the Authority and turns on the proper interpretati