EJV Law definition

EJV Law means the Law of the PRC on Sino-Foreign Equity Joint Ventures passed on 1 July, 1979, as amended.
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EJV Law means the Law of the PRC on Joint Venture Using Chinese and Foreign Investments and the regulations promulgated thereunder;
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Examples of EJV Law in a sentence

  • For example, under the EJV Law, EJVs did not have shareholders’ meetings.

  • The enactment of the Sino-Foreign Equity Joint Ven- ture Law,179 known as the EJV Law or Hezi Qiye Fa, in the late 1970s was the result of an arduous but exciting process.

  • The EJV Law, the CJV Law and the WFOE Law (collectively referred to as “Three FIE Laws”) are the three fundamental laws governing foreign investment in China.

  • Article 4 of the EJV Law and article 16 of the EJV Implementing Rules.

  • The execution and delivery by such party of this Agreement and the performance by such party of such party’s obligations under this Agreement do not and will not conflict with or violate any provision of, or require the consent or approval of any person or entity (except for any such consents or approvals which have been obtained) under, (a) applicable law, (b) the organizational documents of such party (if it is not an individual) or (c) any contract or agreement to which such party is a party.

  • The EJV Law statutorily prescribes sharing of profits, risks and losses between the parties to the EJV in proportion to the respective capital contributions, whereas the CJV Law allows the parties to determine proportions by the CJV contract.

  • For example, under the “encouraged foreign investment industries”’ list under the “mining and quarrying industries”’ for the “venture prospecting and exploitation of petroleum, natural gas” the only forms of FIE prescribed are EJV or a Contractual Joint Venture.48Article 5 of the EJV Law imposes the following condition: “The technology and the equipment that serve as a foreign joint venture's investment must be advanced technology and equipment that actually suit our country's needs.

  • Any infraction of this regulation will result in a fine of EUR 250.

  • The EJV Law was amended and revised at the Third Session of the Seventh National People’s Congress in April 1990.

  • Further, under the EJV Law, to transfer equity interest in an EJV to a third party, the transferring party must obtain the consent of the other party to the EJV.

Related to EJV Law

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  • Anticorruption Laws means the U.S. Foreign Corrupt Practices Act of 1977, or any other anticorruption or anti-bribery Applicable Law applicable to the Company or any of the Company Subsidiaries.

  • Companies Act means the Companies Act, 71 of 2008;

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  • This law or "the law" means the Juvenile and Domestic Relations District Court Law embraced in

  • Bye-laws means the bye-laws of the Company, as amended from time to time.

  • Competition Law means any domestic or foreign antitrust, competition and merger control law or regulation that is applicable to the transactions contemplated by this Agreement.

  • Data Protection Law means the applicable legislation protecting the fundamental rights and freedoms of persons and their right to privacy with regard to the processing of Personal Data under the Agreement (and includes, as far as it concerns the relationship between the parties regarding the processing of Personal Data by SAP on behalf of Customer, the GDPR as a minimum standard, irrespective of whether the Personal Data is subject to GDPR or not).

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  • Taxation law means the law on taxation in any jurisdiction which applies to the Account or to interest we pay you, for example the Taxes Consolidation Act 1997 as amended and any regulation made under it;

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