TNAG-1256-FCO40-1589-Third-countries-and-the-future-of-Hong-Kong-1983 — Page 154

CONFIDENTIAL

THE LEGAL SYSTEM OF HONG KONG

A

1. For the confidence that businessmen worldwide share in Hong

Kong to be maintained, it is essential that the present legal

system be continued. This English system, based on countless

past precedents reaching far back into history, guarantees the

fundamental freedoms: personal liberty, free speech etc.

Property is protected. The law is enforced through an independent

judiciary. Private individuals involved in litigation can be sure

that the Hong Kong lawyers will defend their interests, and legal

aid is available for those in need. Ultimate appeal from the

Courts of Hong Kong lies to the Privy Council in England.

2. English mercantile law is familiar to all who engage in

international trade. It has, over a long period of time, been tried,

trusted and accepted and has been very important in Hong Kong's

coming to be the third largest financial centre in the world which

it is today. The Governor, acting with the advice of the

Legislative Council, also has the power to make laws adapted to the

special needs of Hong Kong. The predictability and consistency of

all these laws has inspired businessmen worldwide with the

knowledge that all of their dealings in Hong Kong will be protected.

3. Such a legal system, and the confidence in it, are vital to the

continued stability and prosperity of Hong Kong.

CONFIDENTIAL

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