Can the group’s parent company transfer a pesticide registration certificate to its subsidiary?
Release Date:
2019-06-27
Recently, a company raised the following question: Since Company B is a subsidiary of Company A, can Company A transfer its already‑obtained registration certificate to Company B? Article 47 of the Regulations on the Administration of Pesticides stipulates that it is prohibited to forge, alter, transfer, lease, or lend license documents such as pesticide registration certificates, pesticide production licenses, and pesticide business licenses. Article 62 provides that anyone who forges, alters, transfers, leases, or lends such license documents shall have the relevant certificates confiscated or revoked by the issuing authority, with illegal gains confiscated and a fine imposed ranging from RMB 10,000 to RMB 50,000; if the act constitutes a crime, it shall be prosecuted in accordance with…
Recently, a company inquired: Since Company B is a subsidiary of Company A, may Company A transfer the registration certificate it has already obtained to Company B?
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