Special debts should have repayment plans and stable sources of repayment funds.
The principal of the special debt is repaid through the corresponding government fund income, special income and the issuance of special bonds.
Interest on special debts shall be repaid through the corresponding government fund income and special income, and shall not be repaid through the issuance of special bonds.
Legal basis: Measures for the Administration of Special Debt Budgets of Local Governments
Article 2 The term "special debts of local governments" as mentioned in these Measures includes special bonds of local governments (hereinafter referred to as special bonds) and special debts in the form of non-local government bonds (hereinafter referred to as special debts in the form of non-bonds) as of February 3, 2004.
Article 6 A special debt shall have a repayment plan and a stable source of repayment funds.
The principal of the special debt is repaid through the corresponding government fund income, special income and the issuance of special bonds.
Interest on special debts shall be repaid through the corresponding government fund income and special income, and shall not be repaid through the issuance of special bonds.