Let's work our way through the document. The law has 66 articles in total and comes into effect on the day of publication i.e. immediately

I don't propose to translate all 66 articles; just those that strike me as particularly noteworthy. Lots to unpack. https://www.gld.gov.hk/egazette/pdf/20202444e/es220202444136.pdf
Article 2: Regarding the HKSAR's basic legal status, this is stipulated by the fundamental provisions of Article 1 and Article 12 of the Basic Law. In the exercise of their rights and freedoms, any HKSAR institution, organisation or individual must not violate Article 1 and 12.
Article 4: Protection of national security in the HKSAR must respect and protect human rights enjoyed by HKSAR residents according to the Basic Law, the ICCPR and the ICESCR regarding freedom of speech, the press, publication, association, assembly, procession and demonstration
A14: Work of the HKSAR National Security Committee shall be free from interference by any other institution, organisation or individual. Details about its work shall not be disclosed, and decisions are not subject to judicial review.

(this is the local, not central govt, office)
Secession

A20: Any individual who organises, plans, carries out or participates in the following activities with the aim of splitting the country or destroying national unity, regardless of whether it involves the use of force or threat of force, commits an offence:

(1/4)
20(1): Separate the HKSAR or any other part of the PRC from the People's Republic of China

20(2): Unlawfully change the legal status of the HKSAR or the legal status of any other part of the PRC

20(3): Transfer the HKSAR or any other part of the PRC to foreign rule

(2/4)
For the above offences, the ringleader or those whose crime is serious shall be sentenced to life imprisonment or a fixed term of more than 10 years.

For those who have vigorously participated, sentences of between 3 to 10 years imprisonment shall apply.

(3/4)
For other types of participation, sentences range from imprisonment of three years or less, criminal detention or public surveillance 「管制」*

*This is a criminal penalty that exists in mainland law; how it can be transplanted into HK is a subject for discussion later…

(4/4)
Subversion of state power

Article 22: Any individual who organises, plans, carries out or participates in the following activities by using force, the threat of force or other unlawful means with the aim of subverting state power, commits an offence:

(1/5)
22(1): Overthrowing or destroying the basic systems of the People's Republic of China set up by the PRC Constitution

22(2): Overthrowing the state organs of the PRC or the state organs of the HKSAR

(2/5)
22(3): Seriously interfering with, obstructing or damaging the state organs of the PRC or the HKSAR in the exercise of their lawful functions

22(4): Attacking or damaging the workplaces and installations of HKSAR state organs such that they are unable to function normally

(3/5)
For the above offences, the ringleader or those whose crime is serious shall be sentenced to life imprisonment or a fixed term of more than 10 years.

For those who have vigorously participated, sentences of between 3 to 10 years imprisonment shall apply.

(4/5)
For other types of participation, sentences range from imprisonment of three years or less, criminal detention or other non-custodial sentence 「管制」*

*Someone pointed out to me that 管制 is defined in A64, so it doesn't carry the mainland definition I described earlier

(5/5)
Terrorist Activities

A24: Organising, planning, carrying out or participating in these terrorist activities which may cause serious harm to society, with the aim of achieving political objectives through coercion of the CPG, HKSARG, intl orgs or the public, is an offence:

(1/4)
24(1): Serious violence targeted against people

24(2): Use of explosives, arson or release of poisonous, radioactive or infectious pathogens

24(3): Damaging transport tools or facilities, electrical power facilities, energy facilities or other easily combustible facilities

2/4
24(4): Seriously interfering with or damaging electronic control systems for water, electrical, energy, transport, communications, Internet or other public facilities

24(5): Using other dangerous means to seriously harm public health and safety

(3/4)
For the above offences, those who cause serious injury, death or heavy losses to public or private property, shall be sentenced to life imprisonment or prison terms of 10 years or more. For other circumstances, terms of between 3 to 10 years shall apply.

(4/4)
Colluding with foreign forces

Article 29: Those who request, conspire with, or accept instigation, control, financial aid or other forms of support from foreign or overseas institutions, organisations or personnel to facilitate any of the following acts commit an offence:

1/5
29(1): Launching war against or causing serious harm to the sovereignty, unity & territorial integrity of the PRC by use of force or threat of force

(2): Seriously obstructing or possibly causing grave consequence to formulation & execution of CPG or HKSAR laws & policies

(2/5)
29(3): Manipulating, damaging or possibly causing grave consequence to the conduct of an election in the HKSAR

29(4): Introduction of sanctions, blockades or other hostile measures against the HKSAR or the PRC

(3/5)
29(5): Inciting hatred among HKSAR residents against the HKSAR or PRC government through various kinds of unlawful means, possibly causing grave consequence.

(4/5)
For the above offences, prison terms of between three and ten years shall apply. If the crime is serious, life imprisonment or terms of more than 10 years shall apply.

(5/5)
Article 35: Anyone who has been convicted by the courts of a national security offence shall be disqualified from participating in Legislative Council or District Council elections, holding public office or serving on the Chief Executive election committee

(1/2)
Any sitting LegCo member, District Council member, government official, civil servant, ExCo member, judge or other judicial official shall immediately forfeit their position and be disqualified from running for elections or retaking such positions

(2/2)
Article 37: This Law shall apply to HKSAR permanent residents, companies established in the HKSAR, groups and unincorporated organisations, in respect of crimes committed under this Law outside the HKSAR
Article 38: This Law shall apply to persons who do not have HKSAR permanent resident status who commit offences directed the HKSAR under this Law while outside the HKSAR
Article 41: Trials should be conducted in public. If circumstances involving state secrets or public order make a public trial inappropriate, the press & the public shall be prohibited from observing the proceedings in whole or in part, but judgments should be announced publicly.
Article 44: Judges appointed by the Chief Executive to hear national security cases shall be appointed for a one-year term. Any who endanger national security through words or actions shall not be appointed
Article 46: The Secretary for Justice may, in High Court cases (first instance) involving state secrets or foreign elements, or for reasons of juror safety, issue a certificate directing that the proceedings be held without a jury. In such cases, three judges shall adjudicate.
Article 55: The three scenarios under which the central government's organ in Hong Kong in charge of national security may exercise jurisdictions for offences under this Law are as follows:

(1/3)
55(1): where the case involves complex foreign or external intervention and the HKSAR has difficulty exercising jurisdiction

55(2): in a serious situation where the HKSAR government is unable to effectively implement this Law

(2/3)
55(3): in a situation where national security faces a real and serious threat

(3/3)
Article 57: In accordance with Article 55, where jurisdiction is exercised over a case, that is, the investigation, prosecution, trial and sentencing procedures, the Criminal Procedure Law of the People's Republic of China and relevant legal provisions shall apply

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