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ritory of the UK) National holiday: National Day, 10 September (1967); note - day of the national referendum to decide whether to remain with the UK or go with Spain Constitution: 30 May 1969 Legal system: English law Suffrage: 18 years of age; universal, plus other UK subjects who have been residents six months or more Executive branch: chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor and Commander-in-Chief Sir Francis RICHARDS (since 27 May 2003) elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed chief minister by the governor head of government: Chief Minister Peter CARUANA (since 17 May 1996) cabinet: Council of Ministers appointed from among the 15 elected members of the House of Assembly by the governor in consultation with the chief minister Legislative branch: unicameral House of Assembly (18 seats - 15 elected by popular vote, one appointed for the Speaker, and two ex officio members; members serve four-year terms) elections: last held 27 November 2003 (next to be held not later than February 2008) election results: percent of vote by party - GSD 58%, GSLP 41%; seats by party - GSD 8, GSLP 7 Judicial branch: Supreme Court; Court of Appeal Political parties and leaders: Gibraltar Liberal Party [Joseph GARCIA]; Gibraltar Social Democrats or GSD [Peter CARUANA]; Gibraltar Socialist Labor Party or GSLP [Joseph John BOSSANO] Political pressure groups and leaders: Chamber of Commerce; Gibraltar Representatives Organization; Women's Association International organization participation: Interpol (subbureau), UPU Diplomatic representation in the US: none (overseas territory of the UK) Diplomatic representation from the US: none (overseas territory of the UK) Flag description: two horizontal bands of white (top, double width) and red with a three-towered red castle in the center of the white band; hanging from the castle gate is a gold key centered in the red band Economy Gibraltar Economy - overview: Gibraltar benefits from an extensive shipping trade, offshore banking, and its position as an international conference center. The British military presence has been sharply reduced and now contributes about 7
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