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Civil servant provident fund
Legal basis: Regulations on the Management of Housing Provident Fund
Article 1 These Regulations are formulated in order to strengthen the management of housing provident fund, safeguard the legitimate rights and interests of housing provident fund holders, promote urban housing construction and improve the living standards of urban residents.
Article 2 These Regulations shall apply to the deposit, withdrawal, use, management and supervision of housing provident fund in People's Republic of China (PRC).
Article 3 The housing accumulation fund paid by individual employees and the housing accumulation fund paid by the unit where employees work belong to individual employees.
Article 4 The management of housing provident fund shall follow the principles of decision-making by the housing provident fund management committee, operation of the housing provident fund management center, custody of special bank accounts and financial supervision.
Article 5 When employees purchase, build, rebuild or overhaul their own houses, no unit or individual may use their own houses for other purposes.
Sixth housing provident fund deposit and loan interest rates, proposed by the People's Bank of China, approved by the the State Council, approved by the construction administrative department of the State Council.
Seventh the State Council construction administrative departments in conjunction with the the State Council Municipal Finance Department and the People's Bank of China to develop housing provident fund policy, and supervise the implementation.
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The above answer is only for the current information combined with my understanding of the law, please refer carefully!
If you still have questions about this issue, I suggest you sort out relevant information and communicate with professionals in detail.
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