CHINA PRACTICE

• PRC PROMULGATED REGULA-TIONS GOVERNING FOREIGN INVESTMENTS IN INTERNA-TIONAL CARGO TRANSPORTA-TION AGENCY BUSINESS

COMPETITION

• FTC APPROVES DRAFT GUIDE-LINES FOR HANDLING MERGER FILINGS

CORPORATION

• MOEA RULINGS ON EMPLOYEE STOCK WARRANT NUMBERS
• CASH-OUT MERGER ALLOWED

ENVIRONMENTAL　PROTECTION

• HCFC CONSUMPTION MAN-AGEMENT REGULATIONS AN-NOUNCED

GOVERNMENT CONTRACTS and INFRASTRUCTURE

• PROCUREMENT UNDER NT$1 MILLION MAY APPLY LIMITED TENDER
• PROVISIONAL GUIDELINES FOR HANDLING REGISTRATION OF CONSTRUCTION COMPANIES

INSURANCE

• DISCLOSURE REQUIREMENTS FOR POLICIES
• RBC SYSTEM TO TAKE EFFECT ON 9 JULY 2003
• ONE-YEAR MAXIMUM TERM FOR MOTOR VEHICLE POLICIES

INTELLECTUAL PROPERTY RIGHTS

• DISPUTES OVER RIGHT TO REPRESENT US CORPORA-TIONS IN ROC LITIGATION
• UNLAWFULLY ACQUIRED EVI-DENCE NOT ADMISSIBLE
• LITIGATION ALLOWED AGAINST APPEAL REVOCATION OF AN ADMINISTRATIVE DISPOSITION
• ADMINISTRATIVE LITIGATION CANNOT BE WITHDRAWN IN TRADEMARK OPPOSITION CASES
• COMPLETE DECRIMINALIZATION OF PATENT INFRINGEMENT
• REGULATIONS ON OWNERSHIP AND USE OF GOVERNMENT- FUNDED R&D RESULTS AMENDED
• CUSTOMS SET UP SPECIAL TEAM TO DETECT COUNTER-FEIT EXPORTS
• USE OF GIORDANO NAME BY OPTICIANS VIOLATES FTL
• IPR POLICE TASK FORCE SET UP
• TOOTHPASTE DESIGN DRAW-INGS NOT DISTINCTIVE AS TRADEMARKS
• QUANTITY PRODUCED NOT RELEVANT TO ARTWORK'S COPYRIGHT STATUS
• COPYRIGHT LAW AMENDMENTS DRAFTED
• TRADEMARK LAW AMEND-MENTS ENACTED

INVESTMENT

• PROCEDURES FOR IMPORTA-TION OF MEDICAMENTS AND MEDICATED COSMETICS UNDER AUTHORIZATION

LITIGATION

• CODE OF CIVIL PROCEDURE AMENDED

SECURITIES

• OVERSEAS SECURITIES ISSU-ANCE CRITERIA AMENDED
• GUIDELINES ON CONSIGNED TRADING IN OVERSEAS SECU-RITIES AMENDED

TAX

• SINGAPOREAN BUSINESSES EXEMPT FROM INCOME TAX ON FORWARD FOREIGN EXCHANGE TRANSACTIONS
• NEW RULES FOR TAXATION OF QFIIS' FORWARD FOREIGN EXCHANGE TRANSACTIONS
• NEW FIVE-YEAR TAX HOLIDAY FOR MANUFACTURING AND RELATED TECHNICAL SERVICES