China to Issue Judicial Interpretation on Property Law – Xinhua
The Supreme People’s Court (SPC) will promulgate judicial interpretations on Property Law, Corporate Bankruptcy Law and regulations of criminal evidences in 2007, according to a SPC annual plan on judicial interpretations.
The landmark property law was adopted on March 16 after taking 13 years to wind its way through the legislative process.
The law, which will come into effect on Oct. 1, states, “The property of the state, the collective, the individual is protected by law, and no unit or individuals may infringe upon it.” [Full Text]
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