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Provisional Measures on the Administration of Shadow Margin Account Scheme Applied on a Pilot Basis to Imported Materials and Parts for Inward Processing
(Promulgated jointly by the Customs General Administration, the Bank of China, the State Planning Commission, the Ministry of Foreign Trade and Economic Cooperation, etc. on November 16, 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

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Manifest

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China - Provisional Measures on the Administration of Shadow Margin Account Scheme Applied on a Pilot Basis to Imported Materials and Parts for Inward Processing, 1995

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Provisional Measures on the Administration of Shadow Margin Account Scheme Applied on a Pilot Basis to Imported Materials and Parts for Inward Processing
(Promulgated jointly by the Customs General Administration, the Bank of China, the State Planning Commission, the Ministry of Foreign Trade and Economic Cooperation, etc. on November 16, 1995)

Article 7

The duration within which the shadow margin account shall be canceled upon verification shall depend on the valid term of the inward processing trade contract verified by the customs. Where changes such as the extension of the contracts take place, a Communication List of the Changes in the shadow Margin Account issued by the Customs shall be handed over to the entities or enterprises engaged in inward processing trade after verification and approval by foreign economic and trade administrative authorities and Customs Services. Such entities or enterprises shall go through the procedures concerning extension of shadow margin account and other changes at Bank of China.


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