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Chengdu Price Adjustment Fund Collection And Use Management

Original Language Title: 成都市价格调节基金征收使用管理办法

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(The third regular meeting of the Metropolitan Government of 26 January 2008 considered the adoption of Decree No. 144 of 30 January 2008 of the Metropolitan People's Government Ordinance No. 144 of 30 January 2008), effective 1 March 2008.

Article 1
In order to strengthen the Government's capacity to regulate the market, to deal with the volatility of market prices, and to calm market prices, this approach has been developed in the light of the relevant provisions of the People's Republic of China price law, the Sichuan Province price management regulations.
Article 2
The price regulation fund referred to in this approach refers to the Government's special fund for the regulation of the price, stabilizing the market, which is established by law for the regulation of key commodity prices, such as the essentials of life.
Article 3
Individuals and other organizations involved in the production, operation of commodities or provision of reimbursable services within the city's administration (the payment unit) shall pay the price adjustment fund.
Article IV
The Price Adjustment Fund is charged and used by the Municipal Government's Committee for the Management of the Fund (hereinafter referred to as the Commission).
The Office of the Board is located in the price authority responsible for the day-to-day work.
Article 5
The price adjustment fund pays a standard of one 1000 for the sale of income or income.
The paying unit shall be able to declare the payment of the price adjustment fund in the previous quarter of the first month to the respective tax sector.
Article 6 (Management approach)
The Price Adjustment Fund is a non-levant income of the Government, with a management system for the two lines of income and expenditure, with a dedicated section. No unit or person shall be misappropriated and stopped.
The Price Adjustment Fund has introduced the annual pre-calculation system, with the end-of-year balance, which can be rolled over the next year. The schedule is prepared by the Office of the Board and is reviewed and approved by the Committee.
Article 7
The Price Adjustment Fund was collected by the city's tax sector; the Central Ji Ji Yamang and the provincial enterprises were charged by the Commission's commissioning the provincial tax and provincial tax authorities. The escrow units are integrated into the city's financial pool by a quarter.
The Price Adjustment Fund is used by the Board in its harmonized arrangements under this approach. In the area of Jang, Xang, Kwu, Vavu, Pavier and other areas outside the new area (market) districts, the Board allocated 70 per cent of the actual revenue base in each quarter of the area (market) and authorized the territorial Government to use it in accordance with the provisions of the scheme.
The price regulation fund collected in the context of the new area authorizes the use of the new area in accordance with the provisions of this approach.
Article 8
Use of the price adjustment fund:
(i) The price subsidies for important commodities born in the country of origin when the supply and recovery lead to greater volatility in market prices;
(ii) Promote subsidies for the production, circulation, processing, storage, market construction and food safety tests based on demand and demand;
(iii) Major commodity reserve cost subsidies;
(iv) Removal price subsidies for difficult groups;
(v) In the event of natural disasters, major epidemics and price fluctuations, the price subsidies for important commodities are subsidized.
Article 9 (Modalities of expenditure)
Expenditures taken by the Price Adjustment Fund are divided into grants, subsidies and loan interest.
Article 10
The financial sector provides financial oversight of the use of the Price Adjustment Fund.
The audit department conducts regular audits of the performance of the annual budget of the Price Adjustment Fund and conducts audit oversight of collection, relief.
Article 11 (Legal responsibility)
In violation of this approach, the price regulation fund was not paid by the tax authorities for a period of time; it was still outstanding and, in addition to the amount paid, the price authorities could impose a fine of up to $20,000 from the date of payment.
Article 12
Discussing, managing the price regulation fund's personnel, abuse of their functions, favouring private fraud and administrative disposition by law, constitute crimes and hold criminal responsibility under the law.
Article 13
In accordance with this approach, the Executive Rules have been developed by the Fund's Managing Board for Metropolitan Price Adjustment and presented to the Office of the Rule of Law of the Metropolitan Government.
Article 14.
The specific application of this approach is explained by the Office of the Rule of Law of the Metropolitan Government.
Article 15
This approach was implemented effective 1 March 2008. The provisional scheme for the establishment of the main Deputy Food Prices Facility, issued by the Government of the Metropolitan People on 20 January 1989, was also repealed.