Legislation

• Ministry of Finance and State Administration of Taxation, Circular on Issues Relevant to the Levy of Individual Income Tax on Income Derived from Stock Appreciation Rights and Income Derived from Restricted Stock

  财政部、国家税务总局关于股票增值权所得和限制性股票所得征收个人所得税有关问题的通知

  SAT imposes individual income tax policy targeting senior management personnel.

  October 10, 2009

• Supreme People's Court, Interpretation on Several Issues Concerning the Application of the «PRC Insurance Law» (1)

  最高人民法院关于适用《中华人民共和国保险法》若干问题的解释（一）

  Validity of the amended Insurance Law over previous insurance contracts clarified.

  October 10, 2009

• Supreme People's Court, Interpretation of Several Issues Concerning the Specific Application of the Law in Disputes over the Division of Ownership of Buildings

  最高人民法院关于审理建筑物区分所有权纠纷案件具体应用法律若干问题的解释

  SPC issues an interpretation to clarify common areas of buildings.

  October 10, 2009

• General Administration of Quality Supervision, Inspection and Quarantine, Measures for the Categorised Administration of Export Industrial Product Enterprises

  国家质量监督检验检疫总局出口工业产品企业分类管理办法

  Categorised administration of export industrial product enterprises according to the types of enterprises and product risks.

  October 10, 2009

• State Administration of Taxation, Circular on Relevant Individual Income Tax Issues on Equity Incentives

  国家税务总局关于股权激励有关个人所得税问题的通知

  Individual income tax assessment for restricted stocks made clear.

  October 10, 2009

• Ministry of Finance, National Development and Reform Commission, Ministry of Industry and Information Technology, General Administration of Customs, State Administration of Taxation and National Energy Bureau, Tentative Provisions on Import Tax Policy for Important Technological Equipment

  财政部、国家发展和改革委员会、工业和信息化部、海关总署、国家税务总局、国家能源局重大技术装备进口税收政策暂行规定

  Import tax policy for imported equipment for FIEs no longer valid.

  October 10, 2009

• Other Recent Legislation of this Month

  National legislation Investment instrumentsGuidelines on Contents and Formats for Information Disclosure by Companies that Offer Securities to the Public…

  October 10, 2009

• Supreme People's Court, Circular on the Study and Implementation of the Revised Patent Law

  最高人民法院关于学习贯彻修改后的专利法的通知

  SPC clarifies when the revised Patent Law supercedes the old one.

  October 10, 2009

• China Banking Regulatory Commission, Measures for the Administration of Pilot Consumer Finance Companies

  中国银行业监督管理委员会消费金融公司试点管理办法

  China opens up a new financial sector.

  October 10, 2009

• Shenzhen Stock Exchange, Implementing Measures for the Administration of the Appropriateness of Investors of the Growth Enterprise Market

  深圳证券交易所创业板市场投资者适当性管理实施办法

  Gem investors need two years of investment experience.

  October 10, 2009