Chapter V : Economy

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1

Section 1 : Finance, Monetary Affairs, Trade and

Industry and Commerce

Article 104

The

Hong Kong SAR shall, in accordance with law,

rights of the acquisition, use, disposal and

property of individuals and legal

the right of the original owners to

lawful takeover of property of

protect the

inheritance of the

persons, as well as

compensation for the

individuals.

Ownership of enterprises and invest ments from outside the Region shall be protected by law.

Compensation for the lawful takeover of property

shall be corresponding to the prevailing real value of the

property concerned, freely convertible to foreign currency and paid without undue delay.

Article 105

The Hong Kong SAR shall have independent finances.

The Hong Kong SAR shall use its financial revenues

exclusively for its Own purposes, and they shall not be

handed over to the CPG.

The CPG shall not levy taxes in the Hong Kong SAR.

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