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Procedures on Foreign Exchange Control in Bonded Areas
(Promulgated by the State Administration of Exchange Control on December 18, 1995)

Article 1

Article 2

Article 3

Article 4

Article 5

Article 6

Article 7

Article 8

Article 9

Article 10

Article 11

Article 12

Article 13

Article 14

Article 15

Article 16

Article 17

Article 18

Article 19

Article 20

Article 21

Article 22

Article 23

Article 24

Article 25

Article 26

Article 27

Article 28

Article 29

Article 30

Article 31

Article 32

Article 33

Article 34

Article 35

Article 36

Article 37

Article 38

Article 39

Metadata

SiSU Metadata, document information

Manifest

SiSU Manifest, alternative outputs etc.

China - Procedures on Foreign Exchange Control in Bonded Areas, 1995

MOFTEC

copy @ Lex Mercatoria

Procedures on Foreign Exchange Control in Bonded Areas
(Promulgated by the State Administration of Exchange Control on December 18, 1995)

Article 28

If in-area enterprises commission any enterprises outside the areas to handle export businesses, the enterprises outside the areas, after going through formalities on export exchange income examination and underwriting in accordance with related regulations, transfer the original foreign exchange to the in-area enterprises, on strength of the proxy agreements. If in-area enterprises commission any enterprises outside the areas to handle import businesses, the in-area enterprises shall transfer the foreign exchanges to the enterprises outside the bonded areas on the strength of the proxy agreements and approval documents from the exchange control bureaus. The examination and underwriting of the import exchange payment shall be undertaken by the enterprises outside the bonded areas.


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