Macao Special Administrative Region. The Macao Special Administrative Region shall have authority to issuc its own certificates of origin for products manufactured locally, in ac- cordance with prevailing rules of origin.
The Macao Special Administrative Region shall protect foreign investments in accordance with the law.
The Macao Special Administrative Region may, as necessary, establish official and semi-official economic and trade missions in foreign countries, reporting the establishment of such mis- sions to the Central People's Government for the record.
ΧΙ
After the establishment of the Macao Special Administrative Region, the monetary and financial systems previously prac- tised in Macao shall remain basically unchanged. The Macao Special Administrative Region shall decide its monetary and financial policies on its own. It shall safeguard the free operation of the financial institutions and the free flow of capital within, into and out of the Macao Special Administra- tive Region. No exchange control policy shall be applied in the Macao Special Administrative Region.
The Macao Pataca, as the legal tender of the Macao Special Administrative Region, shall continue to circulate and remain freely convertible. The authority to issue Macao currency shall be vested in the Macao Special Administrative Region Government. The Macao Special Administrative Region Government may authorise designated banks to perform or continue to perform the functions of its agents in the issuance of Macao currency. Macao currency bearing references in- appropriate to the status of Macao as a special administrative region of the People's Republic of China shall be progressive- ly replaced and withdrawn from circulation.
75