Development Planning Act (Cap. 552), article 58

58. (1) If a property, site or area which is not scheduled or protected under the provisions of this Act or any regulations m ade thereunder, but which the Executive Council believes could have an importance or value sufficient to have it scheduled or protecte d, is at risk of being demolished, damaged or destroyed, the Executiv e Council may make an emergency conservation order and take such further steps for the protection of such property, site or area as it may deem necessary and the provisions of the proviso to sub-art icle (1) of article 57 shall apply: Provided that in case of urgency the Executive Chairperson may make an emergency conservation order without the need of consulting the other members of the Executive Council. (2) An emergency conservation order shall be published in the Gazette and shall have effect immediately on its publication. (3) An emergency conservation order shall, for a period of twelve months from its publication in the Gazette, have the sam e effect as the inclusion of the property to which it refers in t he list of scheduled property. It shall cease to have any effect on the expiration of the period aforesaid. (4) An appeal to the Tribunal from an emergency conservation order shall not stay the execution of such order. The Development Planning Fund DEVELOPMENT PLANNING [CAP. 552. 39 The Development Planning Fund and other funds.