Beijing Municipality, Transfer of Non-operating Assets of Bankrupt Enterprises Tentative Measures

北京市破产企业非经营性资产移交暂行办法

Directs the transfer of assets formed with state funds or assets not used in the bankrupt enterprise's operation.

2 minute readJune 02, 2002 at 12:58 AM
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clpstaff
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Promulgated: April 3 2002

Applicability: For the purposes of these Measures, "non-operating assets of bankrupt enterprises" refers to assets formed with State allocated funds or the enterprise's investments but not used in the production or operation of the enterprise, including employee housing premises, schools, kindergartens and hospitals, as well as related common facilities (Article 2).

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