Problem

CONFIDENTIAL

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10

Preferred Redraft

investments from

outside the SAR will

enjoy the same

protection accorded to

private property under

paras. 1 and 2.

(d) Art. 132 (1)

The second half of JD 119

(renewal or amendment of ASAS and arrangements will, in principle, maintain

existing rights) is omitted

from this article.

Compensation for the lawful deprivation of property shall correspond to the real value of the property concerned, be freely convertible and be paid without undue delay."

JD 119 should be reflected in full.

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Possible Channels

Zheng Weirong

Wong Po-yan

Legal Experts Meeting

(C) CPG/SAR Relationship

Art. 6 The provision "...

shall protect the right of private ownership of property in accordance with law" may be construed as departing from the

binding obligation envisaged by

Suggest to revise this article along the lines of JD 18: "Rights of ownership of private property shall be protected by

law."

Legal experts channel

- BLDC interlocutors: Rayson

Huang, Maria Tam

CONFIDENTIAL

EK K

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