State-owned property rights trading rules next month to implement the state-owned property rights platform

Source: Internet
Author: User
Keywords Rule property assignee
The State Council's website announced yesterday that the rules for the operation of state-owned property transactions (hereinafter referred to as "the Rules") have been implemented since July 1.  Unlike the draft of March 16, the scope of application of the rules extends from Beijing, Tianjin, Shanghai and Chongqing to the above-provincial property trading institutions, which means that the domestic property market is gradually moving towards the era of uniform rules.  Reduce transaction costs the rules are divided into eight chapters, which mainly determine the basic content of the six major trading links, including the transfer of state-owned property applications to accept, transfer information, the registration of the intention, the organization of transfer contracts, settlement of transaction funds and the issuance of transaction vouchers and other specific links. In the draft of soliciting opinions, it was stipulated that the transfer of state-owned property rights of enterprises should be commissioned. The property-dealing institution shall publish the list of members on its website, and the assignor may choose the members published by the property Rights trading organization and establish the principal-agent relationship.  However, in the final rules, the mandatory membership requirements are deleted, but only the transfer of property rights to accept the application of the right to deal with the agency responsible for the responsibility. There are more than 270 local equity exchanges across the country, according to data. Huang, a researcher at the Shanghai Academy of Social Sciences, said that due to the Division of Administrative divisions and other reasons, China's property market has formed different trading rules, which enhances the cost of cross regional transactions, while breeding the space for irregular operation.  The introduction of the rules ensures that all the provincial and higher property exchanges comply with the same rule, which helps to build a unified platform of large property rights and reduce transaction costs.  In the March this year, the state-owned property management and property trading working Conference, deputy Director of the state-funded Commission Li Wei said, in addition to the unified trading rules, in the future will also promote a unified trading information system to put into use as soon as possible.  The deal will be stopped. In order to avoid the "state capital Sale", the rules are clear: the state-owned property of the enterprise to issue transfer information, the first listing price shall not be lower than the record or approved assets evaluation results. If the intended transferee is not collected within the stipulated notice period, the assignor may, within the scope of the evaluation result 90%, set a new listing price to be announced again.  If the new listing price is lower than 90% of the evaluation result, the assignor shall obtain the approval of the transfer of property right and then issue the transfer notice.  After the expiration of the announcement, if two or more qualified intention of the assignee, will be organized by the property Rights trading organization to implement the public bidding, and if only one, the organization of the transaction both parties according to the "listing price and the price of the buyer," the high principle of direct contract. The rules also point out that the state-owned Assets supervision and administration agencies may "call a halt" in the process of transferring state-owned property rights.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.