Bermuda is a parliamentary representative democratic dependency. The premier is the head of government, and there is a multi-party system.
Bermuda is the oldest self-governing British Overseas Territory and has a great degree of internal autonomy. Its parliament held its first session in 1620, making it the third-oldest continuous parliament in the world. The original system of government was created under the Virginia Company, which colonised Bermuda, accidentally in 1609, and deliberately from 1612. The Virginia Company lost its Royal Charter for North America ("Virginia") in 1622, and the Crown assumed responsibility for the administration of the continental colony. Bermuda, however, passed in 1615 to a new company, The Somers Isles Company (The Somers Isles being the other official name of the colony), formed by the same shareholders. The House of Assembly was created under that company, which continued to appoint governors until it was dissolved in 1684, with the Crown assuming responsibility for the Colony's administration. The Crown left in place the political system created under the Company. The Colonial Parliament originally consisted only of the lower house. The Privy Council, an appointed body, served in the roles of an upper house and a cabinet. The President of The Council could find himself temporarily acting as governor when no governor was present.
Voting was originally restricted to male landowners. When the numbers of non-white landowners began to increase, a minimum value was established for the properties which entitled their owners to vote. In 1960, this was £60. A man could vote in each parish in which he owned sufficiently valuable land – giving the richest whites as many as nine votes each if they so desired.
Since 1968 Bermuda has had a constitution that sets out its structure of government.Queen Elizabeth II is head of state and is represented in Bermuda by a governor, whom she appoints. Internally, Bermuda has a parliamentary system of government. The governor has special responsibilities in four areas: external affairs, defence, internal security, and the police.