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境外进行项目融资管理暂行办法 Administration of Project Financing Conducted Outside China Tentative Procedures

2009-03-24 法律英语 来源:互联网 作者:
or to the end of March of every year, the project company shall report details of its use of funds, its revenue situation and its debt payments, etc. during the preceding year to the State Administration of Foreign Exchange and accept inspection and supervision by the relevant government departments.

  Article 17 In any case where project financing is carried out in violation of these Measures and/or without approval, designated foreign exchange banks may not open accounts for repayment of principal and payment of interest therefor, convert the necessary foreign exchange or effect outward remittances for repayment of principal of the loan.

  Article 18 If relevant State laws and regulations otherwise provide for project financing for a particular Project, such project financing shall be handled as provided by such laws or regulations.

  Article 19 The implementation of these Procedures shall be supervised by the State Planning Commission together with the State Administration of Foreign Exchange.

  Article 20 These Procedures shall be effective as of the date of promulgation

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