Rights and the Cultural Rights.
International
Covenant on Economic, Social
and
The legislature of the Hong Kong SAR to make laws for the Hong Kong SAR. The legislature will be elected and the executive will be accountable to the legislature and to the courts.
Hong Kong's legal to be maintained. the Hong Kong SAR.
- Continuation
―
of
and judicial systems, including the common law
A Court of Final Appeal will be established
employment for members of Hong
in
Kong's Public
Service, including (up to certain levels) expatriate members. A11 responsibilites for the payment of pensions will be taken over by
the SAR Government.
The Hong Kong SAR to be able to negotiate agreements and participate in international organisations in appropriate fields. Hong Kong will be able to continue to participate in GATT etc.
The Hong Kong SAR to have autonomy in economic, financial and monetary fields. There will be no exchange control and the Hong Kong dollar will continue to be freely convertible. will be able to put in or withdraw their capital freely.
The Hong Kong SAR to
determ mine its
Investors
own shipping policies, and to be given authority to negotiate its own Air Service Agreements for international flights which do not touch the mainland of China.
It
the
The recognition of existing land rights. It makes provision for the Hong Kong Government to grant new leases extending until 2047.
The continuing right of free entry to
to and exit from Hong Kong. sets out the criteria for the right of abode in Hong Kong and issue and
of use
passports and other travel documents. Residents of the SAR will be able to travel on documents is sued by other Governments, including British passports. Hong Kong BDTCs will
form of British nationality after
1997. 1 July status will not, however, be transmissible by descent and only be acquired by those who obtain or are
a passport before 1 July 1997.
retain
a
included
in
This
will
Her Majesty's Government firmly believe that the agreement provides the necessary assurances about Hong Kong's future and have strongly commended it to the people of Hong Kong and Parliament.