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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
Metadata
SiSU Metadata, document information
Manifest
SiSU Manifest, alternative outputs etc.
China - Measures for the Control of Provision of Security to Foreign Parties by Organizations, 1996
MOFTEC
copy @ Lex Mercatoria
Measures for the Control of Provision of Security to Foreign Parties by Organizations within the People's Republic of China
A domestic enterprise may only provide security to foreign parties for foreign debts of its direct subsidiaries or for foreign debts of an enterprise in which it has a share holding up to the proportion of its investment in such enterprise.
When a trade type domestic enterprise provides security to foreign parties, the ratio of its net assets to total assets shall not in principle be less than 15%.
When a non-trade type domestic enterprise provides security to foreign parties, the ratio of its net assets to total assets shall not in principle be less than 30%.
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