Auction Law of the People's Republic of China
(Adopted at the 20th Meeting of the Standing Committee of the 8th National People's Congress on July 5, 1996)

Chapter I - General Provisions

Chapter II - Auction Targets

Chapter Three - Parties Involved in Auction

Section III - Auctioneers

Section Two - Trustees

Section Three - Bidders

Section Four - Buyers

Chapter IV - Auction Procedures

Section One - Auction Trust

Section Two - The Auction Notice and Display

Section Three - The Implementation of Auctions

Section Four - Commission

Chapter V - Legal Liabilities

Chapter Six - Supplementary Articles

Metadata

SiSU Metadata, document information

Manifest

SiSU Manifest, alternative outputs etc.

China - Auction Law, 1996

MOFTEC

copy @ Lex Mercatoria

Auction Law of the People's Republic of China
(Adopted at the 20th Meeting of the Standing Committee of the 8th National People's Congress on July 5, 1996)

Chapter Three - Parties Involved in Auction

Section III - Auctioneers

Article 15

An auctioneer shall meet the following requirements:

(1) Having a university or college education and professional expertise of auction;

(2) Having worked in an auctioning enterprise for more than two years; and

(3) Having a moral integrity.

Those who have been dismissed from their posts and those for whom five years have not passed since their auctioneer certificates were revoked, or those who have been meted out criminal punishment for deliberately committing a crime may not serve as auctioneers.

( International Trade/Commercial Law & e-Commerce Monitor )

W3 since October 3 1993
1993 - 2010

started @The University of Tromsø, Norway, 1993
hosted by The University of Oslo, Norway, since 1998
in fellowship with The Institute of International Commercial Law,
Pace University, White Plains, New York, U.S.A.

Disclaimer!

^©

Ralph Amissah

Auction Law of the People's Republic of China (Adopted at the 20th Meeting of the Standing Committee of the 8th National People's Congress on July 5, 1996)

Chapter I - General Provisions

Chapter II - Auction Targets

Chapter Three - Parties Involved in Auction

Section III - Auctioneers

Section Two - Trustees

Section Three - Bidders

Section Four - Buyers

Chapter IV - Auction Procedures

Section One - Auction Trust

Section Two - The Auction Notice and Display

Section Three - The Implementation of Auctions

Section Four - Commission

Chapter V - Legal Liabilities

Chapter Six - Supplementary Articles

Metadata

Manifest

Auction Law of the People's Republic of China (Adopted at the 20th Meeting of the Standing Committee of the 8th National People's Congress on July 5, 1996)

Chapter Three - Parties Involved in Auction

Section III - Auctioneers

Article 15

Auction Law of the People's Republic of China
(Adopted at the 20th Meeting of the Standing Committee of the 8th National People's Congress on July 5, 1996)

Auction Law of the People's Republic of China
(Adopted at the 20th Meeting of the Standing Committee of the 8th National People's Congress on July 5, 1996)