Measures of Guangdong Province for the Administration of Provincial Grain Risk Funds
Article 1 In order to protect farmers' enthusiasm for growing grain, ensure the steady growth of grain production, promote the reform of grain circulation system, strengthen macro-control, stabilize the grain market and prevent the sharp fluctuation of food prices, these Measures are formulated in accordance with the relevant provisions of the state and combined with the actual situation of our province. Second provincial grain risk fund is a special fund set up by the provincial people's government to protect grain production, stabilize grain market prices, maintain grain circulation order and implement economic regulation. Article 3 The provincial grain risk fund shall be managed by the special account set up by the Provincial Department of Finance. Article 4 The sources of provincial grain risk funds are provincial grain reserves and special reserve grain and oil expense subsidies and other budgetary funds arranged by the provincial budget, grain price increase allocated by the Ministry of Finance, agency price difference subsidies allocated by the central government or the agreed price difference allocated by the central government for imported grain, which can be converted into other special funds of grain risk funds and the price difference income from selling provincial grain and oil above the cost price. Article 5 When preparing the annual budget, the Provincial Department of Finance shall include the grain risk fund arranged in that year into the budget; Grain and oil reserve subsidies should be adjusted according to factors such as rising prices and changes in bank interest rates. In the implementation of the budget, the grain risk fund should be allocated to the special account of the grain risk fund in a timely manner. Special funds for grain risk funds such as grain price increase allocated by the Ministry of Finance to provincial finance shall be allocated to the special account for grain risk funds within one month after receiving the next allocation. Other special grain funds allocated by the central finance to the provincial grain authorities for the difference subsidy of imported grain agents or the difference of negotiated price of imported grain, which can be converted into grain risk funds, shall be approved by the provincial financial department according to the plans and indicators issued by the central government, and the provincial grain authorities shall allocate the relevant funds to the special account of grain risk funds according to the amount approved by the provincial financial department and the prescribed time limit. Article 6 The provincial grain risk fund shall be specially used for the differential subsidy expenditure between the grain purchase protection price and the market price determined by the provincial people's government in the province's contract purchase plan, the differential expenditure where the sales price of provincial grain reserves is lower than the cost price, the expenditure of provincial grain reserves and special grain and oil reserves, and the interest subsidy for the difference between the actual cost price of national special grain reserves stored in our province and the settlement price stipulated by the central government, so as to make up for the losses caused by irresistible natural disasters of provincial grain reserves approved by the province. Article 7 The use of provincial grain risk funds shall be uniformly dispatched by the provincial people's government. According to the decision of the provincial people's government, the Provincial Department of Finance shall be responsible for the management in conjunction with the Provincial Food Department and the Provincial Price Department, and the daily financial revenue and expenditure management shall be the responsibility of the Provincial Department of Finance. The cost and interest subsidy of provincial grain reserves and special grain reserves shall be approved by the Provincial Department of Finance according to the quantity of grain and oil reserves and subsidy standards, and shall be allocated to the Provincial Grain Management and Reserve Bureau by stages. Eighth provincial grain risk fund shall be earmarked, and the balance of grain risk fund in that year shall be carried forward to the next year for rolling use. Ninth provincial grain risk funds shall not be withheld or misappropriated, and shall not be used for the normal business activities of grain enterprises. Provincial Finance Office, Agricultural Office, Agriculture Department, Price Bureau and other relevant departments shall supervise the use of provincial grain risk funds. Article 10 These Measures shall come into force as of the date of promulgation.