There are new regulations on the use of state-owned assets in public institutions in Kunming

2022-05-03 0 By

Recently, kunming Municipal People’s Government office “On Printing and Distributing Kunming Municipal Administrative Institutions State-owned Assets Management Measures” (hereinafter referred to as the “Management Measures”) has clarified the administrative institutional state-owned assets management and supervision measures, a total of 10 chapters 52 articles.Administrative units are not allowed to provide state-owned assets free of charge for foreign business use and are not allowed to set up economic entities in any form.Administrative institutions State-owned assets refer to the various economic resources that are owned, used and managed by administrative institutions at various levels and confirmed to be owned by the state according to law.The form is fixed assets, current assets, intangible assets and foreign investment, etc., under the unified ownership by the state, hierarchical supervision by the government, and direct control (possession, use and management) by the competent departments and their subordinate units.”Management method” clear, the four levels of state-owned assets management, namely the financial departments at all levels is the governments at various levels are responsible for the administrative institution of state-owned assets supervision and administration department, on behalf of the people’s government at the same level of the comprehensive management of state-owned assets of administrative institutions, including the rules and regulations formulation, performance management, guidance, supervision and inspection, etc.The administrative departments of government offices at various levels shall be responsible for the specific work of the administration of state-owned assets at the corresponding levels.The competent departments shall be responsible for the supervision and administration of the state-owned assets of the units subordinate to them.Administrative institutions shall be responsible for the specific management of state-owned assets owned, used or managed by their own units.The state-owned assets of administrative institutions are generally allocated according to their needs, usually by means of allocating, renting, purchasing and accepting donations, etc., and under budget management.Anything not included in the purchase budget will not be purchased in principle.No administrative unit may use state-owned assets to guarantee, mortgage, invest or borrow debts, provide state-owned assets for foreign business use free of charge, or establish economic entities in any form.Institution may make use of fiscal funds of foreign investment, shall not be traded futures, stocks, corporate bonds, investment funds and any other form of financial derivatives or any form of financial risk investment, shall not use the loans before the foreign loan debt outstanding form the assets to foreign investment, the state-owned assets for foreign business must not be used.An administrative institution shall make a regular inventory of its own state-owned assets, and ensure that the account books, account cards and account facts are consistent, including the management of intangible assets.In case of any loss of assets due to improper use or delay in maintenance, maintenance or repair, it shall bear the liability according to law.Various Ways to dispose of State-owned Assets The ways of disposing state-owned assets of administrative institutions include: free transfer (transfer), sale, transfer, transfer, replacement, foreign donation, scrapping, loss reporting and verification of monetary assets loss, etc., and strictly go through the examination and approval procedures, no unit or individual may dispose of them without authorization.However, research and development institutions and institutions of higher learning established by the State may independently decide on the transfer, license or investment at a fixed price of their scientific and technological achievements, and they do not need to report to competent departments and financial departments for examination and approval or for the record, except for those involving state secrets, state security and key core technologies.Involving land reclamation and belongs to business development, protocols, the disposal of equity, assets, single value, or value (including the lease or loan matters more than department for examination and approval of limits of administrative institution of state-owned assets disposal items, the city finance bureau, city authorities bureau in accordance with the functional duties after the audit, according to the law by the competent department for examination and approval authority shall be reported to the municipal party committee and the municipal people’s government for approval.When disposing of assets, the relevant assets book information shall be written off in time and accounting treatment shall be carried out at the same time.It is worth noting that the proceeds from asset disposal of administrative institutions shall be promptly and fully turned over to the State Treasury after the payment of taxes and fees in accordance with the law, under the management of “two lines of income and expenditure”.Kunming Big Data Center.The Administrative Measures also specify the inventory, evaluation and mediation of property rights disputes of state-owned assets of administrative institutions, namely, the damage and loss of assets caused by force majeure such as natural disasters;Serious distortion of accounting information and other six cases for inventory.The appraisal shall entrust an institution with appraisal qualification to carry out appraisal on the relevant assets.If any discrepancy is found in the account books, account cards or actual accounts during the inventory of assets, the cause shall be identified and explained, and the examination and approval procedures shall be carried out together with the inventory results.Where an asset is damaged or lost due to the cause of the user or manager of the asset, the relevant liabilities shall be investigated according to law.In addition, the Measures also clarify the reporting, performance evaluation and information management of state-owned assets, as well as supervision, management and legal responsibilities.The 2012 edition of the Administrative Measures shall be abolished, and the above-mentioned new version shall come into force on January 1 this year.Kunming Daily all Media chief reporter: Liao Xingyang, Editor: Mo Kaijing, Intern editor: Zhao Ping, editor: Zhou Xiaoxue, final: Zhou Jianjun