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Measures for the Control of Provision of Security to Foreign Parties by Organizations within the People's Republic of China
(Promulgated by the People's Bank of China on September 25, 1996)

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

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Manifest

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China - Measures for the Control of Provision of Security to Foreign Parties by Organizations, 1996

MOFTEC

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Measures for the Control of Provision of Security to Foreign Parties by Organizations within the People's Republic of China
(Promulgated by the People's Bank of China on September 25, 1996)

Article 10

The limits of the authority to examine and approve security to foreign parties:

1. the provision of security to foreign parties for domestic enterprises within the people's Republic of China and the provision of security to foreign parties for foreign investment enterprises of a term of up to one year (including one year )shall be submitted to and examined and approved by SAFE of the province, autonomous region, municipality directly under the Central Government, municipality with independent planning power or special economic zone where the Security Provider is located;

2. the provision of security to foreign parties for foreign investment enterprises for a term of more than one year (excluding one year )and the provision of security to foreign parties for organizations outside the People's Republic of China shall be submitted to and pre-examined by the branch of SAFE of the province, autonomous region, municipality directly under the Central Government, municipality with independent planning power or special economic zone where the Security Provider is located and then be submitted by that branch of SAFE to the State Administration of Foreign Exchange for examination and approval.


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