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Notice of the People's Government of Hubei Province on Printing and Distributing the Measures for the Implementation of Grain Risk Fund in Hubei Province
Article 1 These Measures are formulated in order to stabilize the grain market, protect the interests of producers and consumers, promote the steady growth of grain production and the reform of the grain circulation system, and strengthen the macro-control of the government. Article 2 The grain risk fund is a special fund used by the provincial and local governments to stabilize the grain market price, maintain the normal grain circulation order and implement economic regulation. Article 3 From the grain year of 1997, grain risk funds of prefectures, cities, states and forest areas shall be established while expanding provincial grain risk funds. Fourth provincial grain risk fund is used for the interest and expenses of provincial special grain and oil reserves; Under special circumstances, the difference between the sales price and the settlement price stipulated by the province is lower than the sales price of ordered grain and negotiated grain; When implementing the grain purchase protection price policy, the cost of ordering grain and part of the overstocked grain shall be subsidized according to the protection price.

The grain risk funds in prefectures, cities and forest areas are used by local governments to balance the grain market, and the interest, expenses and price difference that need to be paid and paid for the storage of local grain reserves (including local grain reserves) are handled and adjusted; The implementation of grain purchase protection price, subsidies ordered grain and protection price of grain backlog inventory expenditure. Article 5 The sources of funds for provincial grain risk funds shall be arranged by central subsidies and provincial budgets.

The sources of funds for grain risk funds in prefecture, city, state and forest areas are arranged by provincial subsidies and fiscal budgets of prefecture, city, state and forest areas. Six, city, state, forest grain risk fund scale by the relevant departments of the province put forward opinions and submitted to the provincial government for approval. The total amount of funds actually raised by all localities, cities, prefectures and forest areas shall not be less than the scale determined by the province, and all the funds in that year must be in place according to the regulations. In the years to come, it will be used and supplemented, and it can only be increased, not decreased. Provincial subsidy funds and self-raised funds of prefecture, city, state and forest areas must be put in place on time. If the self-raised funds of prefectures, cities and forest areas cannot be put in place in time, the provincial subsidies will be reduced accordingly. Article 7 The grain risk fund shall be managed by the special account set up by the finance department at the same level, and the dispatching and use of the grain risk fund shall belong to the people's government at the same level. Eighth food risk fund included in the fiscal budget at the same level, arranged once a year. When preparing the budget, the financial department shall incorporate the grain risk fund arranged in the current year into the budget; The balance of the grain risk fund in the current year is carried forward to the next year for rolling use. The specific financial measures shall be formulated and promulgated by the Provincial Department of Finance. Article 9 The government shall exercise macro-control over the grain market price through throughput. State-owned grain enterprises must actively purchase farmers' grain in accordance with state regulations, promote grain sales, and maintain normal operations. Article 10 The establishment of a grain risk fund should be organically combined with the acceleration of the reform of the grain circulation system, and the normal business functions should be separated from the policy functions. Unless otherwise specified, the grain risk fund shall not be used for the normal business activities of grain enterprises. Article 11 All localities, cities, prefectures and forest areas may formulate specific implementation rules for local grain risk funds according to the Implementation Measures, and report them to the Provincial Department of Finance, the Provincial Planning Commission, the Provincial Grain Bureau and the Provincial Department of Agriculture for the record. 1997 The allocation quota of local grain risk funds and provincial matching funds shall be separately issued by the Provincial Department of Finance, and Article 12 "Implementation Measures" shall come into force as of the date of promulgation, and the Department of Finance shall be responsible for the interpretation.