TNAG-1627-FCO40-2241-Relations-between-Hong-Kong-and-Macau-1987 — Page 83

(a) to conduct consultations on the implementation of the Joint Declaration and its Annexes;

(b) to cxchange information and conduct consultations on matters relating to the transfer of government of Macao in 1999;

(c) to conduct consulations on actions to be taken by the two Governments to enable the Macao Special Adminis trative Region to maintain and develop external cconomic, cultural and other relations;

(d) to exchange information and conduct consultations. on other subjects as may be agreed by the two sides.

Matters on which there is disagreement in the Joint Liaison Group shall be referred to the two Governments for solution through consultations.

3. Each side shall designate a leader of anıbassadorial rank and four other members of the group.

Each side may also designate experts and supporting staff as required, whose number shall be determined through consultations.

4. The Joint Liaison Group shall be established on the entry into force of the Joint Declaration and shall start work within three months after its establishment. It shall meet in Beijing, Lisbon and Macao alternately in the first year of work. Thereafter, it shall have its principal base in Macao. The Joint Liaison Group shall continue its work until 1 January 2000.

5. Members, experts and supporting staff of the Joint Liaison Group shall enjoy diplomatic privileges and immunities or such privileges and immunities as are compatible with their

status.

6. The working and organizational procedures of the Joint Liaison Group shall be agreed between the two sides through consultations within the guidelines laid down in this

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Annex. The work of the Joint Liaison Group shall remain confidential unless otherwise agreed.

II. Sino-Portuguese Land Group

1. The two Governments have agreed that, with effect from the entry into force of the Joint Declaration, land leases in Macao and related matters shall be dealt with in accordance with the following provisions:

(a) Leases of land granted previously by the Portuguese Macao Government that expire before 19 December 1999, except temporary leases and leases for special purposes, may, in accordance with the relevant laws and regulations. currently in force, be extended for a period expiring not later than 19 December 2049, with a premium to be collect- ed.

(b) From the entry into force of the Joint Declaration until 19 December 1999 and in accordance with the relevant laws and regulations currently in force, new leases of land may be granted by the Portuguese Macao Government for terms expiring not later than 19 December 2049, with a premium to be collected.

(c) The total amount of new land, including fields re- claimed from the sea and undeveloped land, to be granted under Section II. paragraph (b) of this Annex shall be limited to 20 hectares a year.

The Land Group may, on

the basis of the proposals of the Portuguese Macao Govern- ment, examine any change in the above-mentioned quota, and make decisions accordingly.

(d) From the entry into force of the Joint Declaration until 19 December 1999, all incomes obtained by the Por- tuguese Macao Government from granting new leases and renewing leases shall, after deduction of the average cost

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