Legislation roundup: Employment Contract Law and Securities Investment Fund Law revised

January 04, 2013 | BY

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The Standing Committee has promulgated the long-awaited Employment Contract Law, which strictly regulates labour dispatch workers. The Committee also promulgated the Securities Investment Fund Law, which now regulates private equity funds

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Employment

PRC Employment Contract Law (Revised)

中华人民共和国劳动合同法 (修订)

Article 66 of the Law, which stated: “In general, placement shall apply to temporary, ancillary or substitute positions,” has changed to “Placement is of