China Law Online Database : novexcn.com

You are using Guest Account

Subscribe To This Law Only

Subscribe To All Law Contents

Print This Page

Back




	SUPPLEMENTARY PROVISIONS FOR THE PROVISIONS OF FOREIGN INVESTMENT IN CIVIL AVIATION (IV)

	(Order of the Civil Aviation Administration of China, the Ministry of Commerce and the National Commission of Development and Reform (No. 205 [2010]), December 31, 2010: adopted at the executive meeting of the Civil Aviation Administration of China on November 22, 2010, approved by the Ministry of Commerce and the National Commission of Development and Reform upon examination, and shall come into force as of January 1, 2011)


SUBJECT : FOREIGN INVESTMENT; CIVIL AVIATION
ISSUING DEPARTMENT : THE CIVIL AVIATION ADMINISTRATION OF CHINA, MINISTRY OF COMMERCE, NATIONAL DEVELOPMENT AND REFORM COMMISSION
ISSUE DATE : 12/31/2010
IMPLEMENT DATE : 01/01/2011
LENGTH : 189 words
TEXT :

According to the Supplementary Agreement VII to Mainland and Hong Kong Closer Economic Partnership Arrangement and the Supplementary Agreement VII to Mainland and Macao Closer Economic Partnership Arrangement, which were approved by the State Council, we hereby supplement the Provisions on Foreign Investment in the Civil Aviation Industry (Order No.110 of the Civil Aviation Administration of China, the Ministry of Foreign Trade and Economic Cooperation and the State Planning Commission) as follows:

I. Hong Kong and Macao service providers are allowed to provide aircraft maintenance services in the Mainland by making sole investment or holding controlling shares.

II. Hong Kong and Macao service providers mentioned in the present Provisions shall meet the definitions and the corresponding requirements in the "Mainland and Hong Kong Closer Economic Partnership Arrangement" and the "Mainland and Macao Closer Economic Partnership Arrangement" respectively.

III. The power to interpret these Supplementary Provisions shall remain with the Civil Aviation Administration of China, Ministry of Commerce of the People's Republic of China and the National Commission of Development and Reform according to their respective functions.

IV. These Supplementary Provisions shall come into force as of January 1, 2011.