Legal basis: Article 261 of the Civil Code of People's Republic of China (PRC) stipulates that the real estate and movable property collectively owned by farmers belong to the collective members.
The following matters shall be decided by collective members in accordance with legal procedures:
(a) the land contract scheme and land contract to organizations or individuals outside the collective;
(two) the adjustment of contracted land between individual land contractual management rights holders;
(three) the use and distribution of land compensation fees;
(4) Changes in the property rights of collectively-funded enterprises and other matters;
(5) Other matters prescribed by law.