Decision No. 113/2008/QĐ-TTg On the establishment and issuance of the Management and Utilization Regulation for the Central Enterprise Restructuring Support Fund

Pursuant to …;

Regarding the establishment and issuance of the Management Regulation for the Central Enterprise Restructuring Support Fund

and its utilization

____________________

PRIME MINISTER

Pursuant to the Law on Organization of the Government dated December 25, 2001;

Pursuant to the State Enterprise Law dated November 26, 2003;

Pursuant to the Government Decree No. 199/2004/NĐ-CP dated December 3, 2004 on the financial management regulations of state-owned companies and the management of state capital invested in other enterprises;

Pursuant to the Government Decree No. 109/2007/NĐ-CP dated June 26, 2007 on converting state-owned enterprises with 100% state capital into joint-stock companies;

Pursuant to the Government Decree No. 110/2007/NĐ-CP dated June 26, 2007 on policies for surplus labor due to the restructuring of state-owned enterprises;

Pursuant to the Resolution No. 13/2008/NQ-CP dated June 6, 2008 of the Government at the regular meeting of the Government in May 2008.

Considering the proposal of the Minister of Finance,

DECISION:

Article 1. Establish the Central Enterprise Restructuring Support Fund at the State Capital Investment Corporation (hereinafter referred to as the Central Enterprise Restructuring Support Fund) to centrally, uniformly, and effectively manage the revenue from the restructuring and equitization of state-owned enterprises.

The Central Enterprise Restructuring Support Fund shall be managed by the State Capital Investment Corporation; the Fund shall open an account at the National Treasury, state commercial banks, or joint-stock commercial banks, and all disbursements from the Fund shall be conducted through this account.

Article 2. The Management and Utilization Regulation for the Central Enterprise Restructuring Support Fund is hereby promulgated together with this Decision.

Article 3. This Decision shall take effect fifteen days after its publication in the Official Gazette and shall supersede the Prime Minister's Decision No. 174/2002/QĐ-TTg dated December 2, 2002 on the organization and operation of the Enterprise Restructuring and Equitization Support Fund.

Ministers, Heads of ministerial-level agencies, Heads of agencies under the Government, Chairmen of provincial and municipal People's Committees directly under the central government, Boards of Directors of Economic Groups and State-Owned Corporations, and relevant enterprises are responsible for implementing the provisions of this Decision./.