Article 110
36
The Hong Kong dollar, as
as the legal tender in the
Hong Kong SAR, shall continue to circulate.
The authority to issue Hong Kong currency shall be
vested in the Government of the Hong Kong SAR. The system
regarding the issue of Hong Kong currency and the reserve
fund shall be prescribed by law.
The Government of the Hong Kong SAR may authorize designated banks
banks to issue or continue to issue Hong Kong currency under statutory authority, after satisfying itself
that an y issue of currency will be soundly based and that
the arrangements for such issue are consistent with the
object of maintaining the stability of the currency.
Article 111
No exchange control policies shall be applied in
the Hong Kong SAR. The Hong Kong dollar shall be freely
convertible. Open mark et s for foreign exchange, gold,
securities and futures shall continue.
The Government
of the Hong Kong SAR shall
safeguard the free flow of all capital within, into and out
of the Region.
Article 112
The Exchange Fund of the Hong Kong SAR shall be
managed and controlled by the government of the Region,
primarily for regulating the exchange value of the Hong
Kong dollar.
Article 113
Unless
imposed.
The Hong Kong SAR shall remain а free port.
otherwise stipulated by law, no tariff
shall
be