(16) The reward and subsidy funds in this policy are included in the financial budget and disbursed from the special fund for financial industry development of Nanning. If this policy overlaps with other current or future policies of Nanning, the most preferential policy should prevail, but the reward and subsidy shall not be overlapped.
(17) If the enterprises that enjoy the subsidy of the in-place funds of this policy fail to pay the enterprise income tax in Nanning within ten years, all the subsidy funds received should be returned in full; if these enterprises cheat or take deceptive means to obtain the subsidy or reward funds, the subsidy and reward shall be canceled, and the enterprises should be ordered to return the subsidy and reward income, and be recorded in the enterprise credit file; if the enterprises violate the laws and regulations, they should bear liability in accordance with the law. Financial institutions shall not enjoy the financial reward or subsidy of this policy in the corresponding period when there have been major financial risk events existed in these institutions or they are unable to handle and resolve the risks themselves, with great negative impacts on the regional financial stability and financial ecological environment caused.
(18) Enterprises meeting the conditions can enjoy the support policy from January 1, 2021.
(19) The specific application of this policy shall be explained by Nanning Financial Work Office. This policy shall come into force upon printing and distribution and shall be valid until December 31, 2025. “Implementation Opinions of Nanning Municipal People's Government on Accelerating the Development of Financial Industry” (Nan-Fu-Fa  No. 7) issued on February 9, 2012 shall be abolished at the same time.