Chapter V Economy
:
34
Section 1: Finance, Monetary Affairs, Trade and
Industry and Commerce
Article 104
The
protect the
Hong Kong SAR shall, in accordance with law,
rights of the acquisition, use, disposal and
inheritance of the property of individuals and legal
persons, as well as the right of the original owners to
compensation for the lawful takeover of property of
individuals.
Ownership of enterprises and investments from
outside the Region shall be protected by law.
takeover of property
Compensation for the lawful takeover
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 ow n purposes, and they shall not be
handed over to the CPG.
The CPG shall not levy taxes in the Hong Kong SAR.
Article 106
the
The Government of the Hong Kong SAR shall follow
principle of measuring expenditure by revenues
in
drawing up its budget.