Where the new wall materials are used in the construction project according to the regulations, the construction unit may apply to the municipal wall reform office for refund of the wall reform deposit within two months after the completion and acceptance of the wall project. Failing to apply for refund within the time limit, all the deposit will be transferred to the wall reform fund.

The purpose of the wall reform fund:

1, new projects and technical transformation projects to develop new wall materials.

2. Develop new wall materials, new processes and new technologies.

3, support the use of new wall materials and improve the building function of demonstration buildings and demonstration areas.

4, approved by the financial department of the city wall to do conference fees, publicity fees, business expenses and other expenses.

After the wall reform deposit is transferred to the wall reform fund, the municipal wall reform office will issue a special receipt, and the construction unit can include the paid wall reform fund in the project cost with the receipt. Special receipts are uniformly printed and distributed by the municipal finance department.

The wall reform office must submit a report on the income and expenditure of the wall reform deposit to the Municipal Finance Bureau on schedule, and accept the financial supervision of the financial department.

After the wall reform deposit is transferred to the wall reform fund, the municipal wall reform office must transfer it to the municipal financial account within ten days, and implement the management of the "wall reform fund" account.

Legal basis:

People's Republic of China (PRC) Civil Code

Article 425

In order to guarantee the performance of the debt, if the debtor or a third party transfers his chattel to the creditor for possession, if the debtor fails to perform the due debt or realize the pledge according to the agreement of the parties, the creditor has the right to be paid in priority for the chattel. The debtor or the third party specified in the preceding paragraph is the pledger, the creditor is the pledgee, and the delivered movable property is the pledged property.