Article 20 The methods of "one-batch-one-license" and "non-one-batch-one-license" are applicable to the administration of Import License.

"One-batch-one-license" means the same Import License shall not be used for clearance for several times accumulatively.

"Non-one-batch-one-license" means the same Import License can be used for clearance for several times accumulatively within the period of validity, but shall not exceed 12 times accumulatively. Customs shall write remarks in the column of "customs examination remark" of the original Import License (first page) with round hand and keep copies, and retain the original one after its final usage.

Article 21 Import License has one-year period of validity and is valid in the same year. In special cases when it is needed to use in the next year, the maximum period of validity shall not exceed March 31 of the next year.

In the case of some contents of the Import License are needed to be altered for special reasons within the valid term, import entities shall take the original Import License to the original issuance agency to apply for alteration or replacement of license; and the original issuance agency shall withdraw the used license. No alteration of the Import License is needed if the actual foreign exchange used is less than 10 percent of the foreign exchange quota.

Import entities that need to extend Import License for special reasons shall apply for transaction of procedures for extended replacement of license. Import License can be extended only once and for three month to the maximum.

If the Import License subject to "non-one-batch-one-license" is needed to be extended or altered, new license can be issued according to the rest amount deducted those having been cleared from the total amount in the original license.

Article 22 If the Import License is lost, the import entity shall report the loss to the original issuance agency immediately. If there is no negative consequence after check of the original issuance agency, license shall be reissued.

Article 23 These measures shall be interpreted by the MOFCOM, the GAC and the GAQSIQ.

Article 24 These Measures shall take effect as of May 1, 2008.

(Source: www.fdi.gov.cn)