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Macau legislation guide
By Bruno Nunes
BN Lawyers
Tel: +853 2833 1808 Fax: +853 2833 3366 Website: www.bnlawmacau.com
Macau was the first European settlement in the Far East, established in the 16th century. Pursuant to an international treaty known as the Sino-Portuguese Joint Declaration, signed on April 13 1987 between the People’s Republic of China (PRC) and Portugal, Macau would become a Special Administrative Region of the PRC. Under the formula ‘One country, Two systems’, China’s socialist economic system is not practiced in Macau. Instead, Macau will enjoy a high degree of autonomy in all matters, except for foreign and defence affairs, for 50 years following the handover on December 20 1999.
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