Law Digest

• State Administration of Taxation, Further Strengthening Administration in the Examination and Approval of Pre-tax Deductions of Management Fees Drawn by Head Offices Circular

  国家税务总局关于进一步加强总机构提取管理费税前扣除审批管理的通知

  Issued: January 28 2005Effective: The Circular shall be implemented as of the time when examining and approving the 2004 pre-tax deductions of management…

  February 28, 2005

• Shanghai Stock Exchange, Shenzhen Stock Exchange and China Securities Depository and Clearing Corporation Limited, Handling of the Transfers of Non-tradable Shares of Listed Companies Rules

  上海证券交易所、深圳证券交易所、中国证券登记结算有限责任公司上市公司非流通股股份转让业务办理规则

  Issued: December 15 2004Effective: January 1 2005Interpreting authority: Shanghai Stock Exchange, Shenzhen Stock Exchange and China Securities Depository…

  February 28, 2005

• Other Recent Legislation for this Month

  National LegislationACCOUNTINGAdministration of the Practising Qualifications for Accounting Procedures会计从业资格管理办法L3110/05.01.22BANKINGAdministration…

  February 28, 2005

• People's Bank of China, Verification for Entry of Financial Institutions in the Banking Industry into the National Interbank Loans Market Rules

  中国人民银行银行业金融机构进入全国银行间同业拆借市场审核规则

  Promulgated: January 21 2005Effective: as of date of promulgationInterpreting authority: People's Bank of China (PBOC)Applicability: Financial institutions…

  February 28, 2005

• Tianjin Municipality, Verification of Enterprise Investment Projects Tentative Administrative Procedures

  天津市企业投资项目核准暂行管理办法

  Promulgated: November 3 2004Effective: as of date of promulgationApplicability: The Procedures apply to fixed asset investment projects listed in the Investment…

  January 31, 2005

• China Insurance Regulatory Commission, Administration of Insurance Agencies Provisions

  中国保险监督管理委员会保险代理机构管理规定

  Promulgated: December 1 2004Effective: January 1 2005Interpreting authority: China Insurance Regulatory Commission (CIRC)Main contents: Without the approval…

  January 31, 2005

• Ministry of Commerce, Administration of Auctions Procedures

  商务部拍卖管理办法

  Promulgated: December 2 2004Effective: January 1 2005Interpreting authority: Ministry of CommerceApplicability: "Auction houses" refers to limited liability…

  January 31, 2005

• Tianjin Municipality, Administration of the Verification of Foreign-invested Projects Tentative Administrative Procedures

  天津市外商投资项目核准暂行管理办法

  Promulgated: November 3 2004Effective: as of date of promulgationApplicability: The Procedures apply to verification of all foreign-invested projects in…

  January 31, 2005

• People's Bank of China, Administration of Sale and Payment of Foreign Exchange for External Transfer of Personal Property Tentative Procedures

  中国人民银行个人财产对外转移售付汇管理暂行办法

  Promulgated: November 8 2004Effective: December 1 2004Interpreting authority: People's Bank of ChinaApplicability: "Migrant transfer" refers to an act…

  January 31, 2005

• China Insurance Regulatory Commission, Investments in Insurance Company Subordinated Debt with Fixed Term by Insurance Companies and Insurance Asset Management Companies Circular

  中国保险监督管理委员会关于保险公司, 保险资产管理公司投资保险公司次级定期债务的通知

  Issued: December 30 2004Effective: as of date of issueMain contents: The Circular sets forth the criteria for investment in insurance company subordinated…

  January 31, 2005