State-owned Assets Supervision and Administration Commission of the State Council, Tentative Measures for the Administration of Overseas State-owned Assets and Equity of Enterprises Directly under the Central Government
国务院国有资产监督管理委员会中央企业境外国有产权管理暂行办法
Sasac tightens control of overseas state-owned subsidiaries.
Issue: December 2011/January 2012
CLP Reference: 2140/11.06.14
Promulgated: 14 June 2011
Effective: 01 July 2011
Keywords (click to search):
state-owned assets and equity
enterprise directly under the central government
subsidiary
overseas enterprise
state-owned enterprise
Promulgated: June 14 2011
Effective: July 1 2011
Applicability: The term “overseas state-owned assets and equity” means the equity interests arising from the capital contributions made by central enterprises (i.e. enterprises in which the State-owned Assets Supervision and Administration Commission of the State Council (Sasac) performs the duties of investor) and their subsidiaries (i.e. wholly-owned and controlled subsidiary enterprises thereof at all levels) in various forms to overseas enterprises. The term “overseas enterprise” means an enterprise invested in and established outside...
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