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N\RYN92.238
S.L.C
15
1 SEC. 203. PROPERTY RIGHTS NOT AFFECTED.
2
The change in sovereignty over Hong Kong shall not
3 affect ownership in any property, tangible or intangible
4 held in the United States by any Hong Kong person.
5 SEC. 204. RULES AND REGULATIO VS.
6
The President is authorized to prescribe such rules
7 and regulations as he may deem appropriate to carry out
8 the purposes of this Act.
9
TITLE III-REPORTING
10
PROVISIONS
11 SEC. 301. REPORTING REQUIREMENT.
12
Not later than 6 months after the date of enactment
13 of this Act, and every 18 months thereafter, the Secretary
14 of State shall transmit to the Speake of the House of
15 Representatives and the chairman of the Committee on
16 Foreign Relations of the Senate a repot on conditions n
17 Hong Kong of interest to the United States. This report
18 shall describe--
19
20
21
223
23
24
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(1) significant develop nents in United States
relations with Hong Kong, includir g a description of
agreements that have entered into force between the
United States and Hong Kong during the preceding
18-month period or, in the case of the initial report,
during the period since the cate of enactment of this
ACL;