side proposes to retain this provision as it is already suitable for Hong Kong's circumstances, but to confer the function оп the Hong Kong Monetary Authority which was established on 1 April 1993.
15.
The proposed legislation will have extra- territorial effect in that it will impose duties on operators of nuclear installations anywhere in the world, but only in respect of occurrences which take place in Hong. Kong.
The Bill will exclude the jurisdiction of the Hong Kong courts to determine any claim or question which, under a relevant international agreement, falls to be determined by a court of another country.
FUTURE ADAPTATION
16.
Nearer to 1997
Ordinance' will
contravene the
course consult
certain modifications to the
be required to ensure that it does not
Basic Law. The British side will in due Chinese side on any such amendment in agreed principles for consultation on
the
accordance with the
adaptation of laws.