It established a unified government in political (governorship), military (captaincy general), fiscal (intendancy), ecclesiastical (archdiocese) and judicial (audiencia) affairs.

When the New Granadan Viceroyalty was reestablished in 1739, the governor-captain general of Caracas was given military jurisdiction over the provinces of Maracaibo, Cumaná, Guayana, Trinidad and Margarita.

The new intendancy (superintendencia de ejército y real hacienda) covered the provinces of Venezuela (Caracas), Cumaná (sometimes New Andalusia), Guayana, Maracaibo, Trinidad and Margarita.

New Spain American Confederation of Venezuela Caudillismo Andean Hegemony Democratic period Bolivarian Revolution The Royal Decree establishing the Captaincy General: The King.—Inasmuch and keeping in mind what has been reported to me by the current Viceroy, Governor and Captain General of the New Kingdom of Granada and the governors of the Provinces of Guayana and Maracaibo on the inconveniences that are created in the indicated provinces, as well as those of Cumaná and Islands of Margarita and Trinidad, by remaining united as they are to the Viceroyalty and Captaincy General of the indicated New Kingdom of Granada, because of the distance at which they find themselves from its capital Santa Fe, resulting as a consequence the delay in the decisions with the most grave harm to my Royal Service.

Therefore, to avoid these and greater harm, which would result in case of an invasion, I have best resolved the absolute separation of said Provinces of Cumaná, Guayana and Maracaibo, and islands of Trinidad and Margarita, from the Viceroyalty and Captaincy General of the New Kingdom of Granada, and add them in government and military matters to the Captaincy General of Venezuela, in the same manner that they are in regards to the administration of my Royal Treasury to the new Intendancy established in said Province and city of Caracas, its capital.

Accordingly, I order the Viceroy and Audiencia of Santa Fe restrained from, and to abstain from, the knowledge of the respective matters which corresponded to them before the separation implied here; and order the governors of the Provinces of Cumaná, Guayana and Maracaibo, and Islands of Margarita and Trinidad, to obey as their Captain General, the one that today is, and in the future will be, of the Province of Venezuela, and carry out the orders that in my Royal Service he communicate to them in government and military matters; and that in the same way the governors of the Provinces of Maracaibo and Guayana observe the provisions that in the future my Royal Audiencia of Santo Domingo issues, accepting the appeals that are lodged before it according to and in the manner they have been, or should have been done, before the Audiencia of Santa Fe; such is my will.

Negotiated by Phillipe Rose Roume de Saint-Laurant, the edict consists of 28 articles governing various forms of land grants to encourage population growth, the naturalization of inhabitants, taxation, the arming of slave owners, the duty and function of a militia to protect the island, and trade and mercantile issues.

And to avoid the harm that would arise for the inhabitants of said Provinces of Maracaibo, Cumamá, Guayana, Margarita and Island of Trinidad, comprising the same Captaincy General, of having to recur for appeals in their affairs to the Audiencia Pretorial of Santo Domingo, the King has resolved to create another in Caracas, comprised for now of a Regent Dean, three judges [oidores] and a crown attorney [fiscal]; leaving the same number of ministers in the one in Santo Domingo and limiting its district to the Spanish part of that island, the islands of Cuba and Puerto Rico; to which end His Majesty will of course name the ministers who should serve in one and the other.The independence movement for Venezuela began with the establishment of the Caracas Junta in 1810.

After the Venezuelan Declaration of Independence in 1811, the provinces of Caracas, Cumaná, Barinas, Margarita, and the newly separated ones of Barcelona, Trujillo, and Mérida established a Republic of Venezuela, which claimed the area of the Captaincy General.

The rising animosity between Venezuelans and New Granadians, due to irreconcilable differences in opinion as to how the new republic ought to be governed, led to the inevitable collapse of Gran Colombia in 1830.