Chapter VIII Legal Responsibility

Article 53 A person who illegally takes into his own possession, misappropriates, withholds, illegally shares or by other means infringes on the lawful property of a specialized farmers cooperative or its members, illegally intervenes with the production and operation of such cooperative or its members, apportions expenses or tasks to the cooperative or its members, or compels the cooperative or its members to accept paid services, thus causing financial losses to the cooperative, shall be investigated for legal responsibility according to law.

Article 54 Where a specialized farmers cooperative provides false materials for registration to the relevant registration authority or gets registered by other deceptive means, it shall be ordered by the registration authority to rectify; and if the circumstances are serious, its registration shall be canceled. Article 55 Where a specialized farmers cooperative makes false entries or conceals important facts in such materials as financial statements submitted in accordance with law to the relevant department in charge, it shall be investigated for legal responsibility according to law.

Chapter VX Supplementary Provisions

Article 56 This Law shall go into effect as of July 1, 2007.

The English translation is for reference only and if there is any discrepancy, the Chinese version shall prevail.