PUBLIC LAW 102-383 —OCT. 5, 1992 106 STAT. 1453 out this title, the President determines that Hong Kong is not legally competent to carry out its obligations under any such treaty or other international agreement, or that the continuation of Hong Kong's obligations or rights under any such treaty or other international agreement is not appropriate under the circumstances, such determination shall be reported to the Congress in accordance with section 301. SEC. 202. PRESIDENTIAL ORDER. (a) PRESIDENTIAL DETERMINATION.—On or after July 1, 1997, whenever the President determines that Hong Kong is not sufficiently autonomous to justify treatment under a particular law of the United States, or any provision thereof, different from that accorded the People's Republic of China, the President may issue an Executive order suspending the application of section 201(a) to such law or provision of law. (b) FACTOR FOR CONSIDERATION.— In making a determination under subsection (a) with respect to the application of a law of the United States, or any provision thereof, to Hong Kong, the President should consider the terms, obligations, and expectations expressed in the Joint Declaration with respect to Hong Kong. (c) PUBLICATION IN FEDERAL REGISTER. —Any Executive order issued under subsection (a) shall be published in the Federal Register and shall specify the law or provision of law affected by the order. (d) TERMINATION OF SUSPENSION.— An Executive order issued under subsection (a) may be terminated by the President with respect to a particular law or provision of law whenever the President determines that Hong Kong has regained sufficient autonomy to justify different treatment under the law or provision of law in question. Notice of any such termination shall be published in the Federal Register. SEC. 203. RULES AND REGULATIONS. The President is authorized to prescribe such rules and regulations as the President may deem appropriate to carry out this Act. SEC. 204. CONSULTATION WITH CONGRESS. In carrying out this title, the President shall consult appropriately with the Congress. TITLE III—REPORTING PROVISIONS 22 USC 5722. Federal R^^ister, publication. 22 USC 5723. 22 USC 5724. President. SEC. 301. REPORTING REQUIREMENT. Not later than March 31, 1993, March 31, 1995, March 31, 1997, March 31, 1998, March 31, 1999, and March 31, 2000, the Secretary of State shall transmit to the Speaker of the House of Representatives and the chairman of the Committee on Foreign Relations of the Senate a report on conditions in Hong Kong of interest to the United States. This report shall cover (in the case of the initial report) the period since the date of enactment of this Act or (in the case of subsequent reports) the period since the most recent report pursuant to this section and shall describe— (1) significant developments in United States relations with Hong Kong, including a description of agreements that have entered into force between the United States and Hong Kong; 22 USC 5731.