Decision No. 05/2002/QD-BCN of the Ministry of Industry converts the Auto Mechanical Factory from an independent accounting unit to a subsidiary unit of the Uong Bi Coal Company, a member enterprise of the Vietnam Coal Corporation. The Decision takes effect fifteen days after the date of issuance.
Scope of application
Ministry of Industry; Vietnam Coal Corporation; Auto Mechanical Factory; Uong Bi Coal Company
Key points
- The Auto Mechanical Factory will be converted into a subsidiary unit of the Uong Bi Coal Company, a member enterprise of the Vietnam Coal Corporation.
- The General Director of the Vietnam Coal Corporation shall be responsible for organizing the transfer in accordance with current regulations and the Charter of the Corporation.
- Transfer data shall be calculated as of December 31, 2001, and consolidated in the Uong Bi Coal Company's financial report for the year 2001.
🌐 Social impact of this document
- Positive impact: Strengthen centralized management, enhance production and business efficiency.
- Negative impact: May affect the rights of the Auto Mechanical Factory and its employees during the transition period.
❓ Frequently asked questions
How will the Auto Mechanical Factory change after the conversion?
After the conversion, the Auto Mechanical Factory will become a subsidiary unit of the Uong Bi Coal Company, a member enterprise of the Vietnam Coal Corporation.
Who is responsible for organizing the transfer?
The General Director of the Vietnam Coal Corporation will be responsible for organizing the transfer in accordance with current regulations and the Charter of the Corporation.
When will the transfer data be calculated?
Transfer data will be calculated as of December 31, 2001, and consolidated in the Uong Bi Coal Company's financial report for the year 2001.
When does this decision take effect?
This Decision takes effect fifteen days after the date of issuance.
What will happen to previous documents that contradict this decision?
All previous documents that contradict this Decision shall be abolished.
Full text
Pursuant to …;
Regarding the conversion of the Auto Machinery Factory into a dependent accounting unit of the Uong Bi Coal Company
THE MINISTER OF INDUSTRY
Pursuant to Decree No. 74/CP dated November 1, 1995 of the Government on the functions, tasks, powers, and organizational structure of the Ministry of Industry;
Pursuant to Decree No. 50/CP dated August 28, 1996 of the Government on the establishment, restructuring, dissolution, and bankruptcy of state-owned enterprises;
Pursuant to Circular No. 1189/CP-DMDN dated December 31, 2001 of the Prime Minister approving the restructuring plan for production of some member units of the Vietnam Coal Corporation;
Based on the proposal of the Board of Directors of the Vietnam Coal Corporation (Circular No. 2501/CV-HDQT dated October 10, 2001) and the Director of the Organization and Cadres Department.
DECISION:
Article 1. Convert the Auto Machinery Factory, an independent accounting unit of the Vietnam Coal Corporation, into a dependent accounting unit of the Uong Bi Coal Company, an independent accounting unit of the Vietnam Coal Corporation.
Article 2. The General Director of the Vietnam Coal Corporation is responsible for organizing the transfer in accordance with current state regulations and the Charter of the Vietnam Coal Corporation.
The transfer figures shall be calculated as of December 31, 2001 and consolidated in the 2001 financial report of the Uong Bi Coal Company.
Article 3. This Decision shall take effect fifteen days from the date of signature. All previous documents that conflict with this Decision are hereby abolished.
The Head of the Ministry's Office, the Inspector General of the Ministry, the Heads of Departments, the Director of the Inspection Agency, the Chairman of the Board of Directors, and the General Director of the Vietnam Coal Corporation, the Director of the Auto Machinery Factory, and the Director of the Uong Bi Coal Company are responsible for implementing this Decision./.
DEPUTY MINISTER
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