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4
port" and "shall be a separate customs territory".
The bases for Hong Kong's economic success will
therefore continue after 1997.
(E) Political System
0313P
Chapter IV provides foc the continuation Of the
present division of power between the executive, the
legislature and the judiciary. Steady evolution in
the pace of direct election up to 2003 in the
legislature has been
provided
for.
The SAR will
decide solely on its own its composition beyond
then. Both the CE and the whole legislature will
ultimately
be
returned by universal suffrage. The
Hong Kong SAR will therefore achieve full democracy
members elected in 1995 can
eventually. Leg Co
become members of the first SAR legislature and
serve until 1999. A high degree of continuity will
thus be maintained, ensuring a smooth transition in
1997.
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