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Decree of State Council of People's Republic of China
No. 461

The Decision of the State Council on Revising the Rules of Administrative Sanctions on Price Offense is now promulgated and shall come into force on May 1, 2006.

Premier: Wen Jiabao
Feb. 21, 2006

Decision of the State Council on Revising the Rules of Administrative Sanctions on Price Offense

The State Council has revised the Rules of Administrative Sanctions on Price Offense as following:

I. The Article 14 is such revised that "The illegal income as stipulated in Article 4 to 11 herein falls into the overpayment of consumers or other operators according to the Article 41 of Price Law of the People's Republic of China, which is ordered to return within the specified limit. As to the said consumers or other operators who are hard to find out, it is ordered to find them by announcement. "

"Where the operator is refused to return such overpayment from consumers or other operators as the above-mentioned rules, or fails to return such overpayment, the competent price authority of the government is entitled to seize these income. If the consumers or other operators ask to return the said overpayment, the operator has to undertake the civil liability according to the law. "

   
National Development and Reform Commission   Customs General Administration   China Banking Regulatory Commission
  State Administration of Taxation   China Scurities Regulatory Commission
Ministry of Commerce   Ministry of Justice   China Insurance Regulatory Commission
State Administration of Foreign Exchange   Supreme Peole's Court   Association of China Appointed Attesting Officers
    Supreme People's Procratorate