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region for approval.
Article 152
If an enterprise owned by the whole people has been established with the
approval of the competent authority of a province, autonomous region or
centrally administered municipality or at a higher level and it has
already been registered with the administrative agency for industry and
commerce, before this Law comes into force, it shall automatically qualify
as a legal person without having to re-register as such.
Article 153
For the purpose of this Law, "force majeure" means unforeseeable,
unavoidable and insurmountable objective conditions.
Article 154
Time periods referred to in the Civil Law shall be calculated by the
Gregorian calendar in years, months, days and hours.
When a time period is prescribed in hours, calculation of the period shall
begin on the prescribed hour. When a time period is prescribed in days,
months and years, the day on which the period begins shall not be counted
as within the period; calculation shall begin on the next day.
If the last day of a time period falls on a Sunday or an official holiday,
the day after the holiday shall be taken as the last day.
The last day shall end at 24:00 hours. If business hours are applicable,
the last day shall end at closing time.
Article 155
In this Law, the terms "not less than," "not more than," "within" and
"expires" shall include the given figure; the terms "under" and "beyond"
shall not include the given figure.
Article 156
This Law shall come into force on January 1, 1987. (来源：www.EnglishCN.com) |
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