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China - Measures for the Control of Provision of Security to Foreign Parties by Organizations, 1996
MOFTEC
copy @ Lex Mercatoria
If a Security Provider provides security to foreign parties without approval, the contract of security shall be invalid.
If a Security Provider provides security to foreign parties without approval or the Security Provider fails to register the security after its provision of security to foreign parties, SAFE shall, according to circumstances, give warnings, circulate notices of criticism of, or suspend or revoke the Security Provider's business of providing security to foreign parties.
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