Law Digest

• State Administration of Taxation, The Question of No Longer Levying Business Tax on Deferred Income Where Business Tax Has Been Paid Circular

  国家税务总局关于对已缴纳过营业税的递延收入不再征收营业税问题的通知

  Issued: November 5 2002Main contents: The Circular confirms that business tax shall no longer be levied on China Telecom's deferred income on which business…

  November 30, 2002

• Shanghai Stock Exchange, Securities Trading by Qualified Foreign Institutional Investors Implementing Rules

  上海证券交易所合格境外机构投资者证券交易实施细则

  Issued: December 1 2002Effective: as of date of issueInterpreting authority: Shanghai Stock ExchangeMain contents: See the digest on the Shenzhen Stock…

  November 30, 2002

• State Administration of Foreign Exchange, Foreign Exchange Control on Securities Investments in China by Qualified Foreign Institutional Investors Tentative Provisions

  国家外汇管理局合格境外机构投资者境内证券投资外汇管理暂行规定

  Promulgated: November 28 2002Effective: December 1 2002Interpreting authority: State Administration of Foreign ExchangeMain contents: Part Two of the Provisions…

  November 30, 2002

• China SecuritiesDepositary and Clearing Corporation Limited, Registration and Settlement for Securities Investments in China by Qualified Foreign Institutional Investors Implementing Rules

  中国证券登记结算有限责任公司合格境外机构投资者境内证券投资登记结算业务实施细则

  Issued: December 1 2002Effective: as of date of issueInterpreting authority: China Securities Depositary and Clearing Corporation LimitedMain contents:…

  November 30, 2002

• State Council, Prohibition of the Use of Child Labour Provisions

  国务院禁止使用童工规定

  The Provisions prohibit the employment or recruitment of minors under the age of 16.

  October 31, 2002

• National Copyright Administration, Registration of Computer Software Copyright Measures

  国家版权局计算机软件著作权登记办法

  Procedures and administrative fees for the registration of computer software copyright.

  October 31, 2002

• State Economic and Trade Commission, Organization Department, Enterprise Work Committee and Financial Work Committee of the Central Committee of the Communist Party of China, Ministry of Personnel, Ministry of Justice and State Council Legal Office, Pilot Work of Developing a General Legal Consulting System for Key State Enterprises Guiding Opinion

  国家经济贸易委员会、中共中央组织部、中共中央企业工作委员会、中共中央金融工作委员会、人事部、司法部、国务院法制办公室关于在国家重点企业开展企业总法律顾问制度试点工作的指导意见

  Issued: July 18 2002Effective: Implementation of the pilot work will begin in October 2002.Main contents: This opinion commits State enterprises and governmental…

  October 31, 2002

• Shenzhen Special Economic Zone, «Social Pension Insurance for Enterprise Staff Regulations» Several Implementing Provisions

  《深圳经济特区企业员工社会养老保险条例》若干实施规定

  Administrative rules for pension insurance.

  October 31, 2002

• State Administration of Taxation, Strengthening the Collection of Individual Income Tax According to Audits from Investors of Such Intermediary Institutions as Law Firms Circular

  国家税务总局关于强化律师事务所等中介机构投资者个人所得税查帐征收的通知

  Collection of individual income tax from law firms in the PRC.

  October 31, 2002

• State Administration of Taxation, Administration of Pre-tax Deduction for Losses on Bad Debts by Financial Institutions Measures

  国家税务总局金融企业呆账损失税前扣除管理办法

  Promulgated: September 9 2002Effective: October 1 2002Applicability: These Measures apply to all financial institutions in the PRC except for financial…

  October 31, 2002