The Interim Provisions for the Administration of Town and Village Banks (CBRC [2007] No. 5, hereinafter referred to as the Interim Provisions) has a total of eight chapters and sixty-three articles. These Interim Provisions make relatively detailed provisions on the nature, legal status, organizational form, establishment method, shareholder qualifications, organizational structure, business operations, prudent supervision, market exit, etc., of town and village banks, reflecting the principle of "low threshold and strict supervision." That is, appropriate adjustments and relaxations are made in aspects such as the conditions of investors or initiators, registered capital, business access, qualification requirements for senior management personnel, and corporate governance. At the same time, strict regulations are made regarding the prudent operation of town and village banks and the requirements for prudent supervision by banking regulatory authorities over town and village banks.