Renminbi management law

In order to maintain the reputation of RMB, those who make, copy, buy or sell RMB patterns (including enlargement and reduction) and use RMB patterns on promotional materials, publications or other commodities without the approval of the People's Bank of China shall be confiscated by the administrative department for industry and commerce and be fined 1-3 times the illegal income. If there is no illegal income, they shall be fined 1 000-50,000 yuan. Whoever intentionally damages RMB shall be given a warning by the public security organ and fined up to RMB 6,543.8+0,000.

Legal basis:

Regulations of People's Republic of China (PRC) Municipality on the Administration of RMB

Article 1 These Regulations are formulated in accordance with the Law of the People's Republic of China on the People's Bank of China for the purpose of strengthening the administration of RMB, maintaining the credibility of RMB and stabilizing the financial order.

Article 2 The term RMB as mentioned in these Regulations refers to the currency issued by the People's Bank of China according to law, including banknotes and coins.

The design, printing, distribution, circulation and recovery of RMB shall abide by these regulations.

Article 3 The legal tender of People's Republic of China (PRC) is RMB. No unit or individual may refuse to pay all public and private debts of People's Republic of China (PRC) (China) in RMB.