Law Digest

• PRC Company Law (2nd Revision)

  中华人民共和国公司法 (第二次修正)

  Removes State Council approval requirement for share issuance above par.

  October 02, 2004

• PRC Land Administration Law (2nd Revision)

  中华人民共和国土地管理法 (第二次修正)

  Inserting the concept of state expropriation.

  October 02, 2004

• China Insurance Regulatory Commission, Matters Relevant to Investments in Bank Subordinated Debt with Fixed Term by Insurance Companies Circular

  中国保险监督管理委员会关于保险公司投资银行次级定期债务有关事项的通知

  Guideline for the issuance, investment ratio, investment term, risk control and compliance procedures in relation to insurance company's subordinated debt investment.

  October 02, 2004

• State Administration of Foreign Exchange, Foreign Exchange Administration Issues Relevant to Auto Finance Companies Circular

  国家外汇管理局关于汽车金融公司有关外汇管理问题的通知

  Application requirements for foreign-funded auto finance companies to open foreign exchange capital fund accounts with Chinese banks.

  October 02, 2004

• Ministry of Commerce, Issues Relevant to Registration for the Record of the Foreign Trade Right of Foreign-invested Enterprises Circular

  商务部关于外商投资企业外贸权备案登记有关问题的通知

  Issued: August 17 2004Main contents: The Circular elaborates Article 14 of the Registration for the Record of Foreign Trade Operators Procedures. Foreign-invested…

  October 02, 2004

• State-owned Assets Supervision and Administration Commission of the State Council, Issues Relevant to Assignment of Enterprise State-owned Assets and Equity Circular

  国务院国有资产管理委员会关于企业国有产权转让有关问题的通知

  As state-owned enterprise reform continues, the Circular resolves ambiguities as to how state-owned assets and shares are to be disposed.

  October 02, 2004

• Ministry of Commerce and Hong Kong and Macao Affairs Office of the State Council, Verification Matters Concerning the Investment and Establishment of Enterprises in the Hong Kong and Macao Special Administrative Regions by Mainland Enterprises Provisions

  商务部、国务院港澳办关于内地企业赴香港、澳门特别行政区投资开办企业核准事项的规定

  Guidelines to the assessment and approval of Hong Kong or Macao investment by way of setting up enterprise in the PRC.

  October 02, 2004

• PRC Securities Law (Revised)

  中华人民共和国证券法 (修正)

  Cancelling verification and approval requirements by the State Council's securities regulatory authority.

  October 02, 2004

• State Council, Reform of the Investment System Decision

  国务院关于投资体制改革的决定

  Produces categorised lists of investment projects subject to official verification and guidance, and relaxes approval and verification systems applied to projects.

  October 02, 2004

• State Administration for Industry and Commerce, Administration of Brokers Procedures (2nd Revision)

  国家工商行政管理总局经纪人管理办法 (第二次修正)

  Promulgated: August 28 2004Effective: as of date of promulgationInterpreting authority: State Administration for Industry and CommerceApplicability: The…

  October 02, 2004