Rule number one. The unfrozen dollar assets directly recovered by state organs, state-owned enterprises and institutions (including organizations and schools) from banks in the United States, Hongkong, Macao or third countries shall be paid by China Bank in RMB and turned over to the central treasury on the spot.
Article 2. When the former private enterprise owns US dollar assets overseas or in Hong Kong, Macao and Taiwan, whether it is classified as "pending assets" or "off-balance-sheet assets" in the public-private partnership, it is regarded as an investment in the public-private partnership, and the former industry competent unit in the public-private partnership is responsible for giving 50% of RMB to the original shareholders in one lump sum, giving preferential remittance, and turning over the remaining 50% to the central treasury on the spot.
Article 3. If the former private enterprise has US dollar assets abroad or in Hong Kong, Macao and Taiwan, and it has been proved by the original industry authorities that it has been economically treated, it will be unfrozen and recovered, and all the assets will be returned to the original owner, 30% will be reserved for foreign exchange, 70% will be settled in RMB, and remittance will be given preferential treatment.
Before the public-private partnership, the original private enterprise that was approved by the administrative department for industry and commerce to suspend business has foreign capital or assets of Hong Kong, Macao and Hong Kong dollars, which shall be thawed and recycled, and shall be handled in accordance with the provisions of the preceding paragraph after the original owner provides valid certificates.
Article 4. The dollar assets of the organs, enterprises and institutions referred to in Article 1 of this announcement and the former private enterprises referred to in Articles 2 and 3 were indirectly frozen in the former private banks or China banks after liberation. Such as thawing recovery, respectively, according to the provisions of this article.
Article 5. If the original private enterprise unfreezes or recovers the deposits deposited in the Bank of China or the original private bank, which belongs to its own foreign exchange, it shall be handled in accordance with the provisions of Article 2 or Paragraph 2 of Article 3 of this announcement respectively; The foreign exchange granted by the state is settled in RMB, and remittance does not enjoy preferential treatment.
Article 6. The unfrozen and recovered dollar assets mentioned in Articles 2, 3, 4 and 5 of this announcement, if it is found that the owner owes the state debt or tax, shall be handled in accordance with the relevant provisions of the state.
Article 7 Shareholders of private enterprises who originally lived in foreign countries or Hong Kong, Macao and Taiwan regions may apply to the competent department of the original industry in accordance with the provisions of this announcement, and go through the payment procedures after examination and confirmation; The foreign exchange retained part of the income can be remitted abroad, while the RMB part cannot be remitted abroad, but it can be deposited in a special account opened in China Bank.
Eighth, the US dollar assets that are privately deposited in the former private bank or indirectly frozen by the Bank of China after liberation will be recovered after thawing, settled and paid in RMB in a unified way, and preferential remittance will be given. However, if the Bank of China or the former private bank is entrusted to directly store foreign stocks and bonds, it will be thawed and recovered. According to the paid-in amount, 30% of foreign exchange is retained, 70% is settled in RMB, and remittance is preferential.
Ninth, the original private enterprises and individuals, with the consent of the Bank of China, directly recover the unfrozen US dollar assets from overseas or Hong Kong and Macao, which shall be handled in accordance with the relevant provisions of this announcement.
Tenth, the Bank of China will pay the unfrozen dollar assets according to this announcement according to the foreign exchange rate published by the People's Bank of China.
Eleventh, the original private enterprises in the United States or Hong Kong and Macao dollar assets, unfrozen, from the date of actual recovery of funds to the date of this announcement, the Bank of China will pay interest at an annual rate of 5%.
Private individuals and former private enterprises have US dollar deposits in former private banks or China banks after liberation, which are unfrozen and recovered. If it is an original time deposit, it will bear interest at the original interest rate and the original deposit period, and the overdue part will not bear interest; However, from April 2, 1979 to the date of this announcement, interest shall be paid at the annual rate of 5%. If the original deposit is demand deposit, received deposit, unsettled remittance, received bill, etc. , 1950 12 17 to 1 979 April1no interest; However, from April 2, 1979 to the date of this announcement, interest shall be paid at the annual rate of 5%.