@@ Article 4. The signing of contracts must be in line with the
principle of equality and mutual benefit as well as the
principle of reaching unanimity through consultation. No one side may
alter or terminate without authorisation the contract established in
accordance with the law.
@@ Article 5. All the contracts shall go into force after
they are approved by the People's Government of Shenzhen
Municipality or its authorised departments in charge.
The People's Government of Shenzhen Municipality or its
authorised departments in charge shall inform the applicants of
the result of examination within three months after the date of
presenting contracts for approval.
@@ Article 6. The contracts shall be declared invalid if they
violate the laws, rules and regulations of the People's Republic
of China, infringe upon China's sovereignty and the public
interests of the society, or are signed by means of deception and
coercion.
A void contract enters into no force from the time of its signing.
If the confirmed invalid part of the contract does not affect the
force of the other part, then the other part shall remain in force.
Power of confirmation of invalid contracts: the power of confirming
those contracts which are approved by the People's Government
of Shenzhen Municipality is vested in the Provincial People's
Government or the people's court under its jurisdiction; the
power of confirming those contracts which are approved by the
department in charge authorised by the People's Government of
Shenzhen Municipality is vested in the People's Government of
Shenzhen Municipality or the people's court under its jurisdiction.
CHAPTER II MAKING OF A CONTRACT AND ITS MAIN CONTENT
@@ Article 7. Contracts must be made in written form with
clearly stipulated rights and obligations of the persons concerned of
the two sides, and be signed by the persons concerned of the two sides
or their authorised agents. All the relevant appendices confirmed
in the contract as well as the letters, telegrams and documents
concerning the amendment and supplement of the contract agreed
upon by the persons concerned through consultation form part of the
contract.
Trade agreements reached by the persons concerned through
letters, telegrams or telexes shall be regarded as contracts in
written form, if both sides do not request to sign a letter of
confirmation.
@@ Article 8. Companies, enterprises and other economic
organisations or individuals may entrust their agents to sign
contracts. The agents shall exercise the agency power within the
limit of power authorised by their bailors.
The agency activities carried out outside or beyond the agency
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