State Administration of Foreign Exchange and Ministry of Commerce, Circular on Issues Relevant to the Repeal of the «Trial Measures for Verification of Foreign Exchange Received from Exports»

国家外汇管理局、商务部关于废止《出口收汇考核试行办法》有关问题的通知

September 02, 2007 | BY

clpstaff &clp articles &

Policy encouraging foreign exchange from exports removed.

Clp Reference: 3800/07.06.14 Promulgated: 2007-06-14 Effective: 2007-07-01

Issued: June 14 2007
Effective: July 1 2007

Main contents: The Circular states that the Trial Measures for Verification of Foreign Exchange Received from Exports (Hui Fa [1999] No.103) shall be repealed. All work on the verification of foreign exchange received from exports for the year 2006 shall be terminated. Regions that have already announced the verification results of foreign exchange received from exports for the year 2006 shall cease applying the relevant reward, penalty or classification measures (Article 1).

Repealed Legislation: Trial Measures for Verification of Foreign Exchange Received from Exports, Mar 23 1999, CLP 1999 No.4 p.7; Circular on Issues Relevant to the Implementation of the , May 19 2000, CLP 2000 No.7 p.12; Circular on Revising the Indicators for Verification of Foreign Exchange Received from Exports, 2002; Measures for the Administration of Verification and Reconciliation of Foreign Exchange Received from Exports, Aug 5 2003, CLP 2003 No.8 p.5; and other relevant regulations containing relevant clauses on issues on verification of foreign exchange received from exports.

clp reference:3800/07.06.14promulgated:2007-06-14effective:2007-07-01

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