Legal basis: Provisions on Procedures of Public Security Organs Handling Criminal Cases
Article 243rd The time limit for freezing deposits, remittances, securities trading settlement funds, futures deposits and other properties is six months. The maximum period of each freeze shall not exceed six months.
For major and complicated cases, with the approval of the person in charge of the public security organ at or above the municipal level, the time limit for freezing deposits, remittances, securities trading settlement funds, futures deposits and other property can be one year. The maximum period of each freeze shall not exceed one year.
Article 240th If it is necessary to extend the freezing period, it shall go through the formalities of continuing freezing in accordance with the original approval authority and procedures before the expiration of the freezing period. Failing to go through the freezing procedures within the time limit, it shall be deemed as automatic thawing.