Provisions on Several Issues Concerning the Trial of Letter of Credit Disputes

关于审理信用证纠纷案件若干问题的规定

The Provisions define applicable laws where international practices represented by the usual UCP 500 do not cover the disputed LC issue, the legal relationship between the parties to an LC, and the concept of 'LC fraud'.

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(Promulgated by the Supreme People's Court on November 14 2005 and effective as of January 1 2006.)

(最高人民法院于二零零五年十一月十四日公布，自二零零六年一月一日起施行。)

SPC Interpretation [2005] No.13

法释 [2005] 13号