Article 3 the People's Bank of China shall regulate the activities conducted by the Credit Information Center for the registration of pledge receivables.

第三条中国人民银行对征信中心办理应收账款质押登记有关活动进行管理。

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If the registration matters of equity pledge are inaccurate due to its own reason, the registration Organs shall timely make rectification.

因自身原因导致股权出质登记事项记载错误的，登记机关应当及时予以更正。

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In pledging T-bond (Treasury bond) repurchase, the lack of pledge registration rules makes the function of the ready certificate of T-bond lost primarily.

质押式国债回购中质押登记规则的缺漏使国债现券的质押功能基本丧失。

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