Decree No. 103/SL dated 1949 stipulates the conversion of the Phosphate Factory in Nghe An Province into a state enterprise with a charter capital of five million nine hundred thousand dong (5,900,000 đ).
Scope of application
The Phosphate Factory in Nghe An Province
Key points
- The Phosphate Factory in Nghe An Province → becomes a fully nationalized state enterprise → Article 1
- Ministers of the Ministry of Agriculture and Forestry and the Ministry of Finance → are responsible for implementing this decree → Article 2
- The charter capital of the state enterprise is five million nine hundred thousand dong (5,900,000 đ) → Article 1
- This decree is issued in accordance with a resolution of the Council of Ministers and the Minister of Agriculture and Forestry → Article 2
- The Phosphate Factory in Nghe An Province has the nature of a special public office → Article 1
🌐 Social impact of this document
- Creating conditions for the Phosphate Factory in Nghe An Province to operate more effectively as a state enterprise
- Relevant ministers must implement the provisions of this decree, ensuring strict and effective management of the factory
- The conversion may result in organizational and financial changes for the Phosphate Factory in Nghe An Province
❓ Frequently asked questions
When was the Phosphate Factory in Nghe An Province converted into a state enterprise?
Decree No. 103/SL dated 1949 stipulates the conversion of the Phosphate Factory in Nghe An Province into a state enterprise.
What is the charter capital of the state enterprise?
The charter capital of the state enterprise is five million nine hundred thousand dong (5,900,000 đ).
Full text
DECREE-LAW
NO. 103/SL OF SEPTEMBER 4, 1949
ISSUED BY THE PRESIDENT OF THE DEMOCRATIC REPUBLIC OF VIETNAM
THE PRESIDENT
OF THE DEMOCRATIC REPUBLIC OF VIETNAM
Pursuant to the resolution of the Council of Ministers dated November 14, 1945 establishing the Ministry of Agriculture,
Pursuant to Decree-Law No. 104-SL dated January 1, 1948 and Decree-Law No. 9-SL dated February 25, 1949 defining basic principles for organizing state enterprises,
Pursuant to Decree-Law No. 171-SL dated January 14, 1948 placing the Phosphate Factory in Nghệ An under a special public enterprise system,
Pursuant to the resolution of the Minister of Agriculture,
ISSUES THE FOLLOWING DECREE:
Article 1- The Phosphate Factory is hereby established as a fully state-owned enterprise with a capital of five million nine hundred thousand dong (5,900,000 đ).
Article 2 The Ministers of Agriculture and Finance shall implement this Decree-Law accordingly./.
Ho Chi Minh
(Signed)
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