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When was Article 487 of the Judicial Interpretation of the Civil Procedure Law issued?

The "Interpretation of the Supreme People's Court on the Application of the Civil Procedure Law of the People's Republic of China" was adopted by the 1636th meeting of the Judicial Committee of the Supreme People's Court on December 18, 2014. Since 2015 Effective from February 4th.

Legal link: "Article 487 of the Interpretation of the Supreme People's Court on the Application of the Civil Procedure Law of the People's Republic of China".

The period for the people's court to freeze the bank deposits of the person subject to execution shall not exceed one year, the period for sealing up or detaining movable property shall not exceed two years, and the period for sealing up real estate or freezing other property rights shall not exceed three years.

If the person applying for execution applies to extend the time limit, the people's court shall handle the renewal procedures for sealing, detaining, and freezing before the expiration of the sealing, detaining, and freezing period, and the renewal period shall not exceed the period specified in the preceding paragraph.

The People's Court may also handle the continued sealing, seizure, and freezing procedures in accordance with its authority.