Act No. 473 on Greenland Self-Government.

The present Act establishes a system of self-government for Greenland. It creates the legal basis for Greenland to take over additional competence, where this is constitutionally possible, and builds upon the recognition that the Greenlandic people are a people under international law with the right to self-determination. The legislative power shall lie with Inatsisartut (Greenland Parliament), the executive power with Naalakkersuisut, and the judicial power with the courts of law.
The Act contains the following Chapters: 1. The self-government authorities and the courts; 2. The self-government authorities' assumption of fields of responsibility; 3. Economic relations between the Greenland self-government authorities and the Danish government; 4. Foreign affairs; 5. Cooperation between the Greenland self-government authorities and the central authorities of the Realm regarding statutes and administrative orders; 6. Dispute resolution; 7. Language; 8. Greenland's access to independence; 9. Entry into force and transitional provisions. Additionally, the Schedule contains a list of fields of responsibilities, which include "The food and veterinary area"; "Intellectual property"; "Security at sea"; "Marine environment"; and "The mineral resource area". These are in addition to those already granted under the repealed Greenland Home Rule Act.
The Act it expands the co-operation between the Greenlandic and Danish authorities, giving the possibility for more Greenlandic influence, and sets out a new arrangement on the financial balance between Greenland and Denmark. The Act also establishes an overall framework for Greenland's participation in foreign policy issues, and the possibility and legal framework for a future decision on Greenland's independence.
List I and II of the Schedule contain a list of fields of responsibility that shall be transferred to the Greenland Self-Government authorities at the point of time fixed by the Self-Government authorities and at the point of time fixed by the Self-Government authorities after negotiation with the central authorities of the Realm, respectively.