Decision of Shanghai Municipal People's Government on Amending the Measures of Shanghai Municipality on the Transfer of Real Estate (2000)

First, the fifth and seventh items of article thirty-second are amended as:

(five) commercial housing construction and installation project investment reached the prescribed standards;

(seven) has signed a supervision agreement with the professional institutions engaged in the supervision of real estate project funds in this Municipality (hereinafter referred to as the supervision institutions). Two, thirty-second one paragraph is added as follows:

The standards specified in Item (5) of the preceding paragraph shall be formulated by the Municipal Bureau of Premises and Resources and implemented after being approved by the Municipal People's Government. Three, made individual text changes:

The term "Shanghai Housing and Land Administration Bureau" in Article 4 is amended as "Shanghai Housing and Land Resources Administration Bureau"; The term "regulatory bank" in Article 38 is amended as "regulatory institution"; Amend the Regulations on Administrative Reconsideration in Article 53 to the Administrative Reconsideration Law of People's Republic of China (PRC); Other terms in the "city premises bureau" to "city premises bureau".

This decision shall come into force as of June 65, 2000. The Measures of Shanghai Municipality on the Transfer of Real Estate shall be revised and re-released according to this decision.