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Shantou Price Regulation Fund Management Regulations

Original Language Title: 汕头市价格调节基金管理规定

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Removal of market price regulations

(Summit No. 71 of 25 November 2010 for the Twelfth People's Government to consider the publication of Government Order No. 117 of 25 November 2010, effective 1 January 2011)

Chapter I General

Article 1 regulates the collection, use and management of the Price Adjustment Fund, regulates market prices, stabilizes the overall level of market prices and the important commodity prices or service prices of people born in the country of origin, and establishes this provision in the light of the People's Republic of China price law, the approach to the application of the People's Republic of China price law in the Province of Hiroshima and the Regulation of Prices in the wider Province.

Article 2

Article 3 states and districts (excluding the Hindu region, the Ron Lake region, the Yuangi region, with the same) the people's Government have set up price-relevies funds, which are specifically designed to synergize and regulate important commodity prices or services prices in the countries of the relationship.

Article IV quantification, use and management of the price adjustment fund is guided by the principles of coherence, openness and transparency, equity and efficiency.

Article 5

The price authority is the competent authority of the price regulation fund responsible for the policy formulation, planning arrangements and supervision of the price adjustment fund; the financial sector is responsible for the management of the funds of the price adjustment fund; the local tax sector is responsible for the inscription and surrender of the price adjustment fund; and the related functions of the other relevant functional sector are within their respective responsibilities.

Article 6. The price adjustment fund is a Government's non-levant income, administers the “payment of income and expenditure line” with sub-accounting, dedicated to the roll-out of the annual balance; and no unit or individual may be diverted and charged.

Chapter II

Article 7. The scale of collection of the price adjustment fund should be adapted to the economic, social development and market price regulatory needs, and a combination of government inputs and social collection.

The projects and standards of the price regulation fund for society are regulated by the Government of the city. For the same enterprise or operator, the price adjustment fund shall not be repeated.

Article 8. The Government of the city and the district shall arrange the subsidized funds of the current price adjustment fund within the annual financial budget; the city finance shall arrange a subsidy fund of 3 million dollars per year, and the district finances are determined by the territorial Government.

Article 9

(i) Enterprises such as electricity generation (containing hydro, fire, wind, heat, garbage, etc.) based on their access to electricity, leasing at 0.001/000/0.003 kwash;

(ii) To sell companies for tobacco use, based on their sales of tobacco products, on the proportion of one life;

(iii) The installation of enterprises in accordance with buildings that pay business taxes in the construction industry, based on the actual payment of business taxes, is based on the ratio of 1 to 3 per cent;

(iv) An enterprise that pays business taxes in accordance with the financial insurance industry (excluding rural credit cooperatives and microfinance companies) based on its actual payment of its operating taxes, based on the ratio of 1 to 3 per cent;

(v) To develop businesses that pay business taxes in accordance with the sale of immovable property, on the basis of their actual payment of operating taxes (non-concluding the Government's guaranteed operating taxes) based on the ratio of 1.5 to 3 per cent;

(vi) Remuneration of business taxes in accordance with hotels or dietary industries and a certain sizeable enterprise based on their actual payment of the operating tax rate of 30 per cent;

(vii) Other charges approved by the Government of the city.

The income harmonization set out in subparagraph (i) above is incorporated into the market-level price regulation fund; the collection criteria set out in subparagraphs (i), (iii), (iv) and (v) are applied provisionally in accordance with the limits of the scale; and the scale set out in subparagraph (vi) are determined by the price authorities to the same level of finance, local tax, etc. and made available to society.

Article 10 presents a dynamic management of the price adjustment fund's collection projects and standards.

The municipal price authorities may, in accordance with the economic, social development situation and market prices of the city, propose adaptation programmes, such as the same level of finance, local tax, etc., to be made available to the community after the approval of the Government of the city; the Government of the District needs to adjust the collection of projects and standards and should be reviewed by the municipal price authorities in the same sectors as the same level of finance, local tax, etc., with the approval of the commune government to make public the implementation of the society.

Article 11 imposes a price adjustment fund for society, which is charged by the local tax authorities and is charged on a monthly basis, with the consent of the price authorities, on the basis of the annual financial statements.

The local tax authorities should use a unified tax bill and indicate as a price adjustment fund in the form of the accompanying notes.

Article 12. Payments shall be made to the price authorities by 10 months of the month prior to the date of the payment of the amount of the price-administrative fund, such as the payment of the declaration, the sale (operational) details and the price, the local tax sector requests to be delivered and the payment of the price adjustment fund in full by 25 per month.

The payer does not declare the amount of the price-adjustment fund or submit the related material in accordance with the preceding paragraph, and the price authorities may account for the amount of contributions in accordance with the relevant financial information.

Article 13. The local tax sector should establish a system for sound price regulation funds and provide timely statistics on collection and disbursements to the same-level price authorities by 10 months of the first month of the collection of funds by the first month of the first quarter of the year after the funds were collected.

Article 14. The payer considers that the price adjustment fund paid by it is wrong and may submit a return request to the local tax sector.

Refunds are granted by local tax authorities in conjunction with price authorities and may be paid in the next month of payment or returned by the financial sector.

In one of the following cases, the payer may apply to the municipal, district price authorities for the payment, non-contributory or devoting of the price adjustment fund:

(i) Significant economic losses resulting from major epidemics, major natural disasters and major sudden public events;

(ii) Significant economic losses due to other force majeure factors;

(iii) Other cases provided by the Government of the city.

Article 16, the municipality, the district price authorities shall make a decision on admissibility within five working days of the date of receipt of the application for the deduction, non-payment or suspension of the payment price adjustment fund and, in writing, inform the applicant that the grounds for the inadmissibility should be justified; and that a one-time notification and completion of the request shall be made and that the time period of time should be completed, and that the delay will not be completed and can be inadmissible.

The price authorities shall submit a review within 20 working days from the date of receipt of the application and report to the Government of the current people for approval.

The price authorities should inform the local tax authorities in writing, and the local tax authorities accordingly, of the deduction, non-payment or suspension of the payment process, within five working days of the date of the approval by the Government of the current people.

Article 17 Ratify the maximum duration of the payment price adjustment fund not exceeding 90 days, leaving an unexpended amount for the period. The payer shall, for a period of five working days from the date of the expiration of the contributory period, regulate the contributions of the Fund at a price that will be paid during the period.

Article 18, without approval, any unit or individual shall not deduce, distribute or relieve the payment price adjustment fund.

Article 19 City, district price authorities will verify the actual amount of contributions of the price adjustment fund on a regular or non-recurrent basis, in the same financial sector, the local tax sector, and the payer shall cooperate actively with the verification, if any.

Chapter III Use

In accordance with Article 20, the Price Adjustment Fund is guided by the principle of “relevant and dedicated” to the preparation of expenditure budgets in accordance with “increation, integrated planning, efficiency-oriented” and the end-of-year savings can be transferred to the next year.

Article 21 applies to:

(i) Provide adequate compensation to producers, operators and operators who have suffered economic losses due to the implementation of Government-led price interventions and urgent measures;

(ii) Provide producers, appropriate price subsidies for operators and credit closes for abnormal fluctuations in the price of basic life;

(iii) To grant temporary price subsidies to low-income groups that affect basic life due to a substantial increase in prices for basic life or increased prices by Governments;

(iv) To grant temporary subsidies to producers, operators and operators of basic necessities that are severely affected by force majeure, such as natural disasters;

(v) Building reserves and production bases for key commodities, such as basic necessities, for the purpose of regulating prices, stabilizing and marketing, giving birth subsidies, subsidies or loans;

(vi) The price monitoring, data collection and network-building subsidies for service price transfers; the provision of the necessary subsidies to producers, operators and individuals who provide market price information for basic life essentials to price authorities;

(vii) The Government of the city approves other circumstances applicable.

Article 2

Article 23 requires the use of the price regulation fund, which should be submitted by the relevant sectors, such as the municipal, district price authorities, in conjunction with the same level of finance, for approval by the Government of the current people, or for application by units requiring the price adjustment fund to the municipal, district and district price authorities, with the approval of advice from the price authorities from the relevant sectors, such as the same level finance, to be submitted to the Government for approval.

Approval of the use of the price regulation fund should clarify specific targets for use and use.

Article 24, the district price authorities shall apply to the same financial sector within three working days from the date of approval by the Government of the current people for the use of the price regulation fund. The financial sector should be disbursed in a timely manner, and a separate allocation is required.

The use of units should be strictly consistent with the approval of the use of the price regulation fund and, in a timely manner, to the city, the district price and the fiscal authorities, if reported in practice.

Article 25 The specific proportion is raised by the municipal, district and district price authorities in conjunction with the same local tax, financial sector, which is determined by the Government.

The charges are charged on a quarterly basis and are paid by the financial sector for the first month of the coming quarter of the Fund.

Chapter IV Oversight of management and legal responsibility

Article 26 Governments of the urban and district communities should strengthen the supervision and management of the Price Adjustment Fund. An annual audit of the collection, distributing, crediting, use and use of the price-administered funds was carried out by the audit, inspection authorities, which should be presented to society in a timely manner.

Article 27 should be regularly published by the price authorities in society on the use of the current price adjustment fund. Any unit or individual has the right to report or prosecute violations of the price regulation fund to collect, use and manage; it is considered that specific administrative acts in the price regulation fund violate their legitimate rights and interests may be applied by law for administrative review or administrative proceedings.

Sectors such as price, finance, inspection, audit, local tax should be made available to society for the reporting of complaints, complaints telephones and communication addresses.

Article twenty-eighth payers, the use units of the price adjustment fund should not be denied the provision or misstatement, concealment, false reporting.

Article 29 of the obligation to pay the price adjustment fund in accordance with the provisions, which is paid by the local tax authorities for a period of 15 days, the deadline for the payment of the duty period, the amount of 0.05 per cent of the amount due from the date of the contributory payment, the lag of row, which is incorporated into the price regulation fund, may be enforced by the price authorities in accordance with the payment of the obligation, list and the law.

Article 33 The payment of the obligation person is granted, for example, by deceiving, for the payment of contributions or for the payment of the price regulation fund, and the approval of the authority shall revoke the payment, release or deduct the decision and shall be made by the price authorities to the same financial sector for a period of up to 300,000 fines; serious circumstances constitute a crime and shall be criminalized by law.

Chapter V

Article 31 provides for specific operating methods for collection, management and use in accordance with this provision. The Government of the People of the District may establish the rules for implementation in accordance with this provision.

Article 32 provides for implementation effective 1 January 2011. The Regulation of the Fund for the Management of the Major Deputy Food Prices in the Economies of the First Economic Zone was repealed by Decree No. 43 of 10 July 2000.