In modern-day conversations, the term "New Kowloon" is now rarely heard in Hong Kong. New Kowloon is no longer regarded as part of the
New Territories, but as a part of the Kowloon urban area beyond Boundary Street. Nevertheless, the legal definitions of Kowloon, New Kowloon and New Territories remain unchanged—New Kowloon has remained legally part of the
New Territories instead of
Kowloon. On 1 July 1997, the territories on both sides of
Boundary Street (ceded and leased respectively) were transferred to
China, along with the rest of
Hong Kong. However, the designation "New Kowloon" still has some legal implications. Almost all lands of Hong Kong are government land (known as
crown land in Commonwealth countries and before 1997 in Hong Kong), while all crown leases (now known as government leases in Hong Kong) of New Kowloon and New Territories lands were to expire on 27 June 1997, but were automatically extended to 30 June 2047 due to the
Sino-British Joint Declaration. This renewal implies that, all privately owned land leases of New Kowloon, has to pay
government rent (
crownrent in Commonwealth countries) as leases in the rest of the New Territories, and unlike the rest of the Kowloon. Most land leases in Kowloon proper (i.e. south of Boundary Street) are not required to pay the
land rent to the government, unless they are new leases, or are old leases having been renewed and such clauses have been inserted in the renewed lease contract. The land reclaimed from the
Kowloon Bay water body, such as
Kai Tak, are also referred as part of New Kowloon in land leases, although these lots do not appear to be included in the 1937 map. ==See also==