|
e002832004082820040828Standing Committee of the National People's CongressOrder of the President of the People's Republic of ChinaNo. 21The Decision of the Standing Committee of the National People's Congress about Amending the Securities Law of the People's Republic of China was adopted at the 11th session of the standing committee of the 10th national people's congress of the People's Republic of China on August 28th, 2004. It is hereby promulgated and shall be implemented as of the date of promulgation.Hu Jingtao, President of the People's Republic of ChinaAugust 28th, 2004epdf/e03668.pdfA1,Isecurities law, securitiese03668The Decision of the Standing Committee of the National People's Congress about Amending the Securities Law of the People's Republic of ChinaThe 11th session of the Standing Committee of the 10th National People's Congress of the People's Republic of China decides to amend the Securities Law of the People's Republic of China as follows:1.Article 28 shall be amended as "Where a stock is issued at a premium, the issuing price shall be determined by the issuer and the underwriting securities company through negotiation."2.Article 50 shall be amended as "Where a company applies for listing its bonds, it shall be subject to approval in accordance with legal conditions and legal procedures."This Decision shall be implemented as of the date of promulgation.The Securities Law of the People's Republic of China shall be re-promulgated after it has been amended in accordance with this Decision.
|
|
|
Promulgated by Standing Committee of the National People's Congress on 2004-08-28
|
|
|
