| Growing,in the local government debt risk demand for infrastructure construction and constantly improve,build a well-off society in the stage of the coming era,PPP mode on stage".The government sees it as a panacea for infrastructure and public services.However,practice has proved that even if the government vigorously promotes the participation of private enterprises,it is still not high,which reflects from the side that capital market is still short of a capital efficient,efficient and cost effective refinancing channel for PPP mode.Asset securitization,as a "innovation path to revitalize the stock,improve the liquidity of’ whether the effective legal regulation,stimulate social capital,especially the potential strength of private enterprises,for stimulating the development of the real economy,has become a problem to be overcome in the legal profession.The practice has proved that the PPP project is a practical way to make use of its project income right for securitisation financing.In this paper,adhering to the basic principle as the basis,the concept of in-depth understanding of the nature of the problem in the research of the legal issues of asset securitization in the PPP project are analyzed,based on the grasp of basic asset securitization context,with the characteristic of PPP model,fully dig or theoretically possible legal problems has appeared in practice.For example,the basic assets of securitisation,the legal nature of the right of income,the transfer restrictions of franchise right,and the change of future creditor’s rights in the PPP project,along with the progress of PPP project.In the end of this paper,put forward the Legal Countermeasures of PPP project of asset securitization,in order to remind the system designer,also need to sound legal system is the premise of asset securitization to carry out the PPP project,so as to make the asset securitization has become both the interests of investors and the project financing needs scientific financing channels. |
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