Notice of Wuhan Municipal People's Government on Printing and Distributing the Interim Provisions of Wuhan Municipality on the Administration of Property Rights Transaction drafted by the Municipal State-owned Assets Supervision and Administration Office Article 1 These Measures are formulated to meet the needs of the development of socialist market economy, promote the reform of property rights system, standardize property rights transactions and optimize the allocation of resources. Article 2 The term "property right transaction" as mentioned in these Measures refers to the transaction in which enterprise investors transfer property rights and related property rights with compensation through the market. Article 3 The subjects of property right transaction are: the transferor who owns the property right according to law and the transferee who obtains the property right with compensation. Article 4 Transactions of property rights shall abide by relevant laws, regulations, rules and policies, and follow the following principles:

(1) voluntariness, equality, fairness, honesty and credibility;

(two) in line with the needs of national and municipal industrial adjustment;

(three) is conducive to optimizing the allocation of resources, improve the efficiency of enterprise assets operation;

(4) It is conducive to giving play to the leading role of the state-owned economy in the national economy;

(five) the transfer of state-owned property rights of enterprises to foreign investors conforms to the relevant industrial policies. Article 5 Wuhan Property Rights Exchange is a non-profit enterprise legal person established according to law, and it is a place where property rights are publicly regulated and traded. Property rights at home and abroad can be traded on this exchange. State-owned property rights and collective property rights transactions of municipal enterprises should be conducted through the Institute. Sixth Wuhan property rights trading market management committee (hereinafter referred to as the CMC) under the unified leadership of the Municipal People's government, macro management, supervision, guidance and coordination of property rights transactions. Seventh Municipal State-owned Assets Management Committee Office (hereinafter referred to as the State-owned Assets Management Office) is the administrative department in charge of property rights transactions, and should conscientiously do the following work:

(a) to organize the implementation of relevant laws, regulations, rules, policies and decisions of the CMC;

(two) to formulate the development plan of the property rights trading market and its corresponding policies;

(three) to formulate the management system of property rights transactions and organize their implementation;

(four) guidance, supervision and management of property rights trading business;

(five) to examine and approve the way of property rights transactions and control the scale and types of listed property rights;

(six) examination and approval of state-owned assets property transactions;

(seven) mediation of major and complicated disputes over property rights transactions;

(eight) to investigate and deal with illegal acts in property rights transactions;

(nine) to examine and approve the qualifications of property rights trading brokerage institutions;

(ten) other work required by the Municipal People's government and the CMC. Article 8 Wuhan Property Rights Exchange shall earnestly perform the following duties:

(a) the implementation of laws, regulations, rules and policies related to property rights transactions;

(two) to review the qualifications and trading conditions of the subject of property rights transactions;

(three) to organize property rights transactions according to law and safeguard the legitimate rights and interests of both parties to the transaction;

(four) to issue property rights transaction certificates and provide property rights transaction services;

(5) Publishing and transmitting information on property rights transactions;

(six) to mediate disputes over property rights transactions;

(seven) to develop a self-discipline management system (including specific business norms) and report to the Municipal State-owned Assets Supervision and Administration Office for the record, accept the supervision of the Municipal State-owned Assets Supervision and Administration Office, and report to the Municipal State-owned Assets Supervision and Administration Office on a regular basis;

(eight) other duties that should be performed. Article 9 The Wuhan Property Rights Exchange implements the membership system and the general manager responsibility system under the leadership of the board of directors. The members of the Board of Directors are composed of the Municipal State-owned Assets Supervision and Administration Office, Wuhan Property Rights Exchange, relevant departments of the Municipal People's Government, relevant investment units and member representatives. The general manager is appointed by the board of directors. Article 10 A property rights transaction brokerage institution refers to an institution established according to law, which accepts the entrustment of clients, acts as an agent or buys and sells property rights on its own.

A property rights trading brokerage institution shall be a member of Wuhan Property Rights Exchange and meet the following conditions:

(1) It is an enterprise legal person or other organization;

(2) Having a registered capital of more than 6,543,800,000 yuan and engaging in proprietary trading of property rights, it must have a registered capital of more than 5,000,000 yuan;

(three) there are professionals engaged in property rights transactions;

(4) Abide by the articles of association and self-discipline rules of Wuhan Property Rights Exchange;

(5) Having its own articles of association. Article 11 The transferor of property rights may be a legal person, natural person or other organization that owns property rights at home and abroad. The transferee of property rights can be a legal person, natural person or other organization that has civil rights and capacity for civil conduct at home and abroad and can independently bear civil liability. Twelfth the following property rights are the objects of property rights transactions:

(a) all or part of the property rights of an unincorporated enterprise (including tangible property rights, intangible property rights and property use rights, etc.). );

(2) Equity rights of limited liability companies and unlisted joint-stock companies;

(three) other property rights approved according to law. Thirteenth property transactions should take the following ways:

(1) Transfer by agreement;

(2) Bidding auction;

(3) Transfer by tender;

(four) other ways approved by the Municipal State owned Assets Supervision and Administration Office. Fourteenth property rights in any of the following circumstances, shall not be traded; If a transaction is really necessary, it shall be reported to the relevant departments for approval in accordance with the prescribed procedures.

Involving state secrets;

(two) involving the franchise industry;

(3) The ownership is disputed;

(four) the right to dispose is restricted or controversial;

(5) Compulsory judicial, administrative or arbitration measures have been implemented;

(6) Within the time limit stipulated in the statutory contract;

(seven) other inappropriate property transactions. Fifteenth legal persons, natural persons or other organizations in any of the following circumstances, shall not transfer or transfer property rights in disguise:

(a) institutions or organizations that have not obtained the legal person status or whose legal person status has died;

(2) A natural person without or with limited capacity for civil conduct;

(3) Legal persons and natural persons whose illegal acts have been put on file for investigation by judicial organs and have not been closed;

(4) A legal property rights trading broker who has not been confirmed by Wuhan Property Rights Exchange;

(five) other laws, regulations, rules and policies shall not engage in property rights trading activities of legal persons and natural persons.