The national financial funds mentioned in the Law on the Promotion of Private Education and these Regulations refer to financial allocations and financial funds obtained according to law that should be turned over to the state treasury or financial special accounts. Article 3 The people's governments at or above the county level shall reward and commend social organizations or individuals that have made outstanding contributions to the establishment of private schools or the development of private education. Chapter II Organizers of Private Schools Article 4 Social organizations or individuals other than state institutions may independently or jointly organize private schools. Where a private school is jointly organized, a joint school-running agreement shall be signed, specifying the purpose, training objectives, amount, methods, rights and obligations of all parties. Article 5 The sponsors of private schools may use funds, physical objects, land use rights, intellectual property rights and other property as the capital contribution for running schools.
State funding, fees charged to students, loans and donated property accepted by private schools do not belong to the capital contribution of the sponsors of private schools. Article 6 Public schools participating in the establishment of private schools shall not use state financial funds or affect the normal education and teaching activities of public schools, and shall be approved by the administrative department of education or the administrative department of labor and social security in accordance with the conditions prescribed by the state. Private schools run by public schools should have independent legal personality, have campuses and basic education and teaching facilities separate from public schools, implement independent financial and accounting systems, enroll students independently and issue academic certificates independently.
Public schools participating in the establishment of private schools shall enjoy the rights and interests of the organizers in accordance with the law, fulfill the obligations of state-owned assets management in accordance with the law, and prevent the loss of state-owned assets.
Public schools that implement compulsory education shall not be converted into private schools. Article 7 Where a sponsor participates in the establishment of a private school with state-owned assets, it shall, in accordance with the provisions of the state on the supervision and administration of state-owned assets, hire an intermediary agency with evaluation qualifications to make an evaluation according to law, reasonably determine the amount of capital contribution according to the evaluation results, and report it to the agency responsible for the supervision and administration of state-owned assets for the record. Article 8 The sponsors of private schools shall fulfill their capital contribution obligations in full and on time. During the existence of private schools, the sponsors shall not withdraw their capital contribution or misappropriate the funds for running schools.
The organizers of private schools shall not raise funds from students and their parents to set up private schools, and shall not publicly raise funds to set up private schools. Article 9 The organizers of private schools shall, in accordance with the Law on the Promotion of Private Education and the provisions of these Regulations, formulate school articles of association and elect members of the first board of directors, board of directors or other forms of decision-making bodies of private schools.
Sponsors of private schools who participate in the school board of directors, the board of directors or other forms of decision-making bodies shall participate in school-running and management activities in accordance with the authority and procedures stipulated in the school articles of association. Article 10 Institutions that carry out examinations recognized by the state, such as education examinations, vocational qualification examinations and technical grade examinations, may not run private schools related to the examinations they carry out. Chapter III Establishment of Private Schools Article 11 The examination and approval authority for the establishment of private schools shall be implemented in accordance with the provisions of relevant laws and regulations. Article 12 A sponsor of a private school may apply for formal establishment if it has completed its establishment within three years from the date of approval. Thirteenth to apply for the formal establishment of a private school to implement academic education, after accepting the application, the examination and approval authority shall organize an expert committee to comment, and the expert committee shall put forward its opinions. Article 14 The articles of association of a private school shall stipulate the following main items:
(a) the name and address of the school;
(two) the purpose, scale, level and form of running a school;
(three) the amount, source and nature of the school assets;
(4) The formation method, personnel composition, term of office and rules of procedure of the Council, the board of directors or other decision-making bodies;
(5) The legal representative of the school;
(six) whether the investor requires a reasonable return;
(seven) the reasons for the termination of the school;
(8) Procedures for amending the Articles of Association. Fifteenth private schools can only use one name.
The name of a private school shall comply with the provisions of relevant laws and administrative regulations and shall not harm the public interest. Sixteenth applications for the formal establishment of private schools in any of the following circumstances, the examination and approval authorities shall not approve, and explain the reasons in writing:
(a) social organizations or individuals that run private schools do not meet the conditions prescribed by laws and administrative regulations, or public schools that implement compulsory education are converted into private schools;
(two) to raise funds from students and their parents to set up private schools or raise funds from the public to set up private schools;
(three) do not have the corresponding conditions for running a school, did not meet the corresponding standards;
(four) the articles of association of the school do not meet the requirements of these regulations, and are still not amended after being told;
(five) the composition of the school board of directors, the Council or other forms of decision-making bodies does not meet the statutory requirements, or the school principals, teachers and accountants do not have the statutory qualifications and still do not correct after being told.