Article 4. An applicant applying for a foreign exchange mortgage loan must be a corporation with a Business Licence issued by the Shanghai Municipal Administration for Industry and Commerce.
第四条申请抵押外汇贷款的抵押人必须是持有本市工商行政管理机关颁发的营业执照的企业法人。
Where there is any of the following circumstances, the registration administration organ shall not accord the registration, and explain the reasons to the applicant;
有下列情形之一的,登记管理机关不予登记,并向申请人说明理由。
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