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Nanning Price Regulation Fund Management Approach

Original Language Title: 南宁市价格调节基金管理办法

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Modalities for the management of the South Inn City

(The 6th ordinary meeting of the Government of the South African Republic, held on 13 January 2012 to consider the adoption of Decree No. 2 of 16 February 2012 of the Order of the Government of the Southn People of 16 February 2012 for publication of implementation effective 1 April 2012.

Chapter I General

Article 1 strengthens the Government's ability to use economic instruments to stabilize market prices, ensure the basic stability of market prices and secure the livelihood of the people and develop this approach in line with the relevant provisions of the People's Republic of China price law.

Article 2

Article III refers to the price adjustment fund referred to in this approach to funds specifically established by the Government of the city for regulating prices and stabilizing the market.

Article IV is the competent authority of the price regulation fund responsible for the collection, use and management of the price adjustment fund. The municipal price regulation is responsible for the day-to-day management of the price regulation fund.

The sectors such as finance, tax, development reform, inspection and audit are responsible for the related work of the Price Adjustment Fund in accordance with their respective responsibilities.

Chapter II

Article 5

Social levy is based on a proportion of income generated mainly from the price of the Government-appointed commodities and business services projects, business income for the production and operator or sales income.

Article 6

(i) The implementation of government pricing commodities and business services projects, which have been approved to increase prices, are charged against the proportion of income added to the price or 3 per cent of the operating services.

(ii) Telecommunications operation, the sale of vehicles and the development of commodity housing enterprises, which are levyed by 2 per 1,000 per 1,000 per person whose income should be taxed or shall be taxed.

(iii) Recreation units such as Google, night clubs, games, buoys, gynaecologists, network bars, etc., leproced and operated services such as hygienic health care, washing, etc., and charged three per 1,000 per 1,000 per 1,000 per 1,000 per 1,000 per 1,000 per day of business revenue that should be taxed.

(iv) The catering units, such as bars, restaurants, bars, café and coffee, are charged against 2 per 1,000 per person who shall tax the operating income.

The price adjustment fund is charged by the city's Government price authorities or is entrusted to the relevant sector to be charged in accordance with the principle of monthly taxation.

Article 7 quantifies the price adjustment fund from the price of goods and services at the government price, and the Government's price authorities should be presented to the Government of the city for approval.

Article 8

Article 9 paying units and individuals for major economic losses, such as major epidemics, major natural disasters, sudden public events and other force majeure factors, may apply to the urban Government price authorities for the payment, reduction or payment of the price adjustment fund. Unauthorized, no payment, reduction or non-payment of the price adjustment fund shall be suspended.

The Government's price authorities shall submit a review within 10 working days of the date of receipt of the application, which shall be submitted to the Government of the city for approval.

Chapter III

Article 10. Governments of the urban population may use price-coordinated prices, stabilize markets, such as subsidies, subsidies, loan breaks, without capital injection and the manner in which the loan is granted.

The price regulation fund applies the following:

(i) Substantial increases in the prices of essential goods such as food, oil, meat, eggs, milk, vegetables, fuel and gas, or price subsidies for low-income groups affected by basic life due to the price of goods and services managed by the Government;

(ii) Provide adequate subsidies to producers and operators who have suffered economic losses as a result of the implementation of the Government's price emergency measures taken by law;

(iii) Provide adequate subsidies to relevant commodity producers, operators or consumers for sudden-onset causes such as natural disasters, major epidemics;

(iv) Provide subsidies or loans for the regulation of prices, stabilizing markets, and the construction of important commodity policy reserves, major sub-food production bases;

(v) The Government of the city has decided to use other circumstances of the price regulation fund.

Article 11. The Government's price authorities should monitor the overall level of prices and the evolution of important commodity prices, suggest the use of the price adjustment fund, and report to the Government of the city after approval.

Article 12 shall apply for the use of the price adjustment fund and shall submit a written request to the Government's price authorities for approval after consultation with the relevant sectors of the Government's price authorities and for use by the commune government.

Article 13. Costs incurred, used and managed by the Price Adjustment Fund are charged from the Price Adjustment Fund in accordance with the relevant provisions and incorporated in budgetary management. The specific approach was developed by the Municipal Government's price authorities with the municipal finance sector.

Article 14. The establishment of a special treasury fund, which is administered by two line lines of income and expenditure, and the use of non-levant income instruments produced by the financial sector.

The price adjustment fund should be earmarked, and the annual price adjustment fund accounts were partially offset by the annual price adjustment fund.

Article 15. The Government's price authorities should conduct regular statistics on the collection, use, storage, etc. of the price-administering fund, report on the situation in a timely manner to the Government of the city and make it public.

Chapter IV Legal responsibility

Article 16 paying units and individuals of the price adjustment fund shall pay the price adjustment fund in full and in due course. Unpaid or not paid in full, was paid by the city's Government's price authorities or by the charging sector. The refusal to pay is made by the authorities of the city's Government's price to recover under the law and may impose a fine of more than 1,000 dollars.

Article 17 The price adjustment fund's payment units and individuals are granted, for example, by deceiving, deducting or distributing the price adjustment fund, and the approval authority shall revoke the payment, deduct or distributing decisions, be donated by the Government's price authority and may impose a fine of more than 1,000 dollars for the perpetrator of the offence; in the event of a serious criminal offence, the transfer of criminal responsibility to the judiciary is lawful.

Article 18

The price-relevant units do not use the price adjustment fund in accordance with the prescribed use, which is corrected by the urban Government's price authority, which is later uncorrected, discontinued allocations, recovered funds allocated and cancelled the eligibility of the price-relevant funds within three years.

The price management units of the PEF are permitted to use the price adjustment fund or not to use the price adjustment fund in accordance with the prescribed use, and the Government's price authorities should place their malfunction in good faith files.

Article 19 Departments such as price, finance, tax, etc. and their staff have one of the following acts, which are governed by the law by the law, which constitutes an offence and are held criminally by law:

(i) In violation of the provision for multiple requisitions, deductions, exemption and suspension of the price adjustment fund;

(ii) Excluding, expropriating and using the price regulation fund;

(iii) Failure to perform supervisory functions under this approach, and the absence of an investigation into the offence, causing serious consequences.

Chapter V

Article 20 can be established in accordance with this approach to the establishment of the capitalized, used and managed methods for the regulation of prices in the Territory and to report to the Government of the city.

Article 21