Article 1 In order to punish crimes and protect the folks, this Regulation is enacted on the idea of the Constitution and in the gentle of the concrete experiences and actual circumstances in China’s fight against crimes. Personnel of banks or other financial institutions who violate stipulations to subject for others letters of credit, or other letters of assure, payments, deposit receipts, and credit score certificates, thus causing relatively serious losses, are to be sentenced to no more than five years of mounted-term imprisonment or felony detention; when the losses are very serious, the sentence is to be not less than five years of fastened-term imprisonment.
Legal duty is to not be borne for a defensive act undertaken in opposition to ongoing physical assault, murder, robbery, rape, kidnap, and other violent crimes that severely endanger personal safety that causes injury or dying to the unlawful infringer since such an act isn’t an extreme protection.
Where a person stated in the first paragraph of this text is severely irresponsible and causes critical consequences by issuing certificates significantly inconsistent with the info, he’s to be sentenced to not more than three years of fastened-time period imprisonment or criminal detention, and may as well as or solely be sentenced to a advantageous.
Personnel of banks or different financial establishments who ask others for money or goods, or illegally accept cash or goods from others in activities of financial enterprise and search benefits for others, or accept rebate or service prices for themselves below varied pretexts in violation of state stipulations are to be sentenced and punished in accordance with the stipulations of Article 163 of this legislation.