Decree No. 121/2020/ND-CP amends and supplements Clause 2, Article 12 of Decree No. 91/2015/ND-CP dated October 13, 2015 of the Government on investment of state capital in enterprises and management and use of capital and assets at enterprises, which has been amended and supplemented by Clause 5, Article 1 of Decree No. 32/2018/ND-CP dated March 8, 2018 of the Government amending and supplementing certain provisions of Decree No. 91/2015/ND-CP.

Pursuant to the Law on Government Organization dated June 19, 2015;

Pursuant to the Law on Management and Use of State Capital for Investment in Production and Business at Enterprises dated November 26, 2014;

Pursuant to the Enterprise Law dated November 26, 2014;

Pursuant to the Investment Law dated November 26, 2014;

On the basis of the Securities Law dated June 29, 2006; Law amending and supplementing some articles of the Securities Law dated November 24, 2010;

The Government issues this Decree amending and supplementing Clause 2, Article 12 of Decree No. 91/2015/NĐ-CP dated October 13, 2015 of the Government on state capital investment in enterprises and management and use of capital and assets in enterprises, which has been amended and supplemented at Clause 5, Article 1 of Decree No. 32/2018/NĐ-CP dated March 8, 2018 of the Government amending and supplementing some articles of Decree No. 91/2015/NĐ-CP.

Pursuant to the Law on Land dated November 29, 2013;

At the proposal of the Minister of Finance;

Supplementing Clause 2, Article 12 of Decree No. 91/2015/NĐ-CP dated October 13, 2015 of the Government on state capital investment in enterprises and management and use of capital and assets in enterprises, which has been amended and supplemented at Clause 5, Article 1 of Decree No. 32/2018/NĐ-CP dated March 8, 2018 of the Government amending and supplementing some articles of Decree No. 91/2015/NĐ-CP with the following content:

Article 1. "h) In the banking sector, it applies to joint-stock commercial banks in which the State holds more than 50% of the charter capital."

This Decree takes effect from the date of signature. Ministers, Heads of ministerial-level agencies, Heads of agencies under the Government, Chairpersons of People's Committees of provinces and centrally governed cities, Boards of Directors of parent companies of state-owned economic groups and corporations, state-owned enterprises, representatives of state capital bear the responsibility for implementing this Decree./.

Article 2. Implementation clause

This Decree takes effect from the date of signature. The Ministers, Heads of ministerial-level agencies, Heads of government-attached agencies, Chairpersons of provincial people's committees, centrally governed city people's committees, Board of Directors of state-owned holding companies of economic groups, state corporations, and representatives of State capital are responsible for implementing this Decree./.