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 “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.

  • 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.

  • 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.

  • As of 1 January 2020, the three (3) FIE laws, i.e. WFOE Law, EJV Law and CJV Law, were superseded by a consolidated FIL.

  • There are other legislations like the Sino-Foreign Equity Joint Venture Enterprise Law (EJV Law), adopted in July 1979, which marked the beginning of China’s foreign investment law regime; the Sino- Foreign Cooperative Joint Venture Enterprise Law (CJV Law) and the Foreign-Capital Enterprise Law (FCE Law) and the Wholly Foreign-owned Enterprise Law (WFOE Law), which govern such foreign investments within the territory of China (Potter, 1995).

  • Under the EJV Law, dividends shall be allotted to the shareholders in proportion to their registered capital ratio.

  • Also, the EJV Law required certain decisions to be unanimously consented by all members of the Board of Directors (irrespective of the majority/minority ratio of the shareholders) while under the PRC Company Law (provided the articles of associations of the company do not provide otherwise) a majority of two-thirds of the votes is sufficient to resolve any matter subject to approval by the Shareholders’ Meeting.

  • The EJV Law, CJV Law and WFOE law and their respective implementing rules are collectively referred to as the “Three Laws.” The Foreign Investment Law has the following impact on existing FIEs and any future new FIEs to be established by foreign investors in China.

  • The Council maintains a cash and investments pool used by all funds.

  • This Decision authorizes the State Council to suspend several approval require- ments for FIEs as provided under the Law on Wholly Foreign-owned Enterprises (WFOE Law), the Law on Sino-foreign Equity Joint Ventures (EJV Law) and the Law on Sino-foreign Contractual Joint Ventures (CJV Law).

Related to EJV Law

  • bye-law means a bye-law framed by the corporation under this Act;

  • Cookie Law means the relevant parts of the Privacy and Electronic

  • Law means any statute, law, ordinance, regulation, rule, code, order, constitution, treaty, common law, judgment, decree, other requirement or rule of law of any Governmental Authority.

  • Corporations Law means the Corporations Law of the Commonwealth of Australia as applying in each State and Territory of Australia;

  • Anti-Corruption Law means, as to any person, the United States Foreign Corrupt Practices Act of 1977, the UK Bribery Act of 2010 and any other similar anti-corruption laws of the European Union.

  • PPS Law means the PPSA and any amendment made at any time to the Corporations Act 2001 (Cth) or any other legislation as a consequence of the PPSA.

  • Companies Law means the Companies Law (2018 Revision) of the Cayman Islands, as amended from time to time.

  • Applicable Laws/ Rules means the laws/ Rules of Islamic Republic of Pakistan/Punjab, as they may be issued and enforced from time to time.

  • Anti-Bribery Law means any Applicable Law that relates to bribery or corruption, including the US Foreign Corrupt Practices Act of 1977 and the UK Xxxxxxx Xxx 0000, in each case as amended, re-enacted or replaced from time to time;

  • 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;

  • EU Data Protection Law means (i) prior to 25 May 2018, Directive 95/46/EC of the European Parliament and of the Council on the protection of individuals with regard to the processing of Personal Data and on the free movement of such data ("Directive") and on and after 25 May 2018, Regulation 2016/679 of the European Parliament and of the Council on the protection of natural persons with regard to the processing of Personal Data and on the free movement of such data (General Data Protection Regulation) ("GDPR"); and (ii) Directive 2002/58/EC concerning the processing of Personal Data and the protection of privacy in the electronic communications sector and applicable national implementations of it (as may be amended, superseded or replaced).

  • European Data Protection Law means, as applicable: (a) the GDPR; and/or (b) the Federal Data Protection Act of 19 June 0000 (Xxxxxxxxxxx).

  • Export Law means all constitutions, laws, statutes, codes, ordinances, orders, judgments, decrees, injunctions, rules, regulations, permits restrictive measures, trade sanctions, embargos and other legally binding requirements of all federal, country, international, state and local governmental authorities relating to export, re-export or import.

  • Anti-Bribery Laws means the anti-bribery provisions of the Foreign Corrupt Practices Act of 1977, as amended, and all other applicable anti-corruption and bribery Laws (including the U.K. Xxxxxxx Xxx 0000, and any rules or regulations promulgated thereunder or other Laws of other countries implementing the OECD Convention on Combating Bribery of Foreign Officials).

  • 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 Law that is designed or intended to prohibit, restrict or regulate actions having the purpose or effect of monopolization or lessening of competition through merger or acquisition or restraint of trade.

  • 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).

  • PRC Law means the then valid laws, administrative regulations, administrative rules, local regulations, judicial interpretations and other binding regulatory documents of the People’s Republic of China.

  • Law" or "Laws means any federal, state or local government law, rules or regulations applicable to the Project.

  • Federal law means the Statute of Canada entitled “The Cannabis Act” and any other Canadian federal legislation regulating cannabis.

  • 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;

  • Takeover Laws means any “moratorium,” “control share acquisition,” “fair price,” “supermajority,” “affiliate transactions,” or “business combination statute or regulation” or other similar state anti-takeover laws and regulations.

  • Anti-Corruption Laws means all laws, rules, and regulations of any jurisdiction applicable to the Borrower or any of its Subsidiaries from time to time concerning or relating to bribery or corruption.

  • Israeli Companies Law means the Israeli Companies Law, 5759-1999, as amended, and the regulations promulgated thereunder.