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 V - Legal Liabilities
Should a state department violate the stipulation of Article 9 of this Law by disposing illicitly of articles that should be auctioned by an auctioneer designated by the people's government of a province, an autonomous region or a municipality directly under the central government of by the people's government of a city with districts where property lies, relevant personnel in charge who are held directly responsible and other personnel who are also held directly responsible shall be meted out administrative punishment according to law, and those who have caused losses to the state shall also bear the liability of compensation.
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