Measures for the Registration of Movables Mortgage (Revised in 2016)

Measures for the Registration of Movables Mortgage (Revised in 2016)
Measures for the Registration of Movables Mortgage (Revised in 2016)

Order of the State Administration for Industry and Commerce No.88

July 5, 2016

These Measures for the Registration of Movables Mortgage, which were adopted at the executive meeting of the State Administration for Industry and Commerce of the People's Republic of China, are hereby promulgated with effect as of September 1, 2016.

Director General Zhang Mao

Measures for the Registration of Movables Mortgage (Revised in 2016)

(Promulgated by Order of the State Administration for Industry and Commerce No.30 on October 17, 2007, and Revised by Order of the State Administration for Industry and Commerce No. 88 on July 5, 2016)

Article 1 In order to standardize the registration of movables mortgage, ensure transaction security and boost financing, these Measures are hereby promulgated in accordance with the Guarantee Law of the People's Republic of China, the Real Rights Law of the People's Republic of China, the Interim Regulations on the Disclosure of Enterprise Information and other laws and regulations.

Article 2 Where enterprises, individual businesses and agricultural production operators take out movables mortgage under Item 4, Paragraph 1 of Article 180 and Article 181 of the Real Rights Law of the People's Republic of China, they shall apply for registration with the administrative authorities for industry and commerce at the county level (the "Registration Authorities") in the place where mortgagor is located.
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