Decision No. 124/2001/QĐ-TTg Amending and Supplementing Decision No. 200/1999/QĐ-TTg dated October 6, 1999 on the establishment of the National Financial and Monetary Policy Advisory Council and Decision No. 02/2000/QĐ-TTg dated January 4, 2000 of the Government Chairman regarding the issuance of the Council's Charter.

DECISION OF THE PRIME MINISTER

Amending and supplementing Decision No. 200/1999/QĐ-TTg dated October 6, 1999 on the establishment of the National Financial and Monetary Policy Advisory Council and Decision No. 02/2000/QĐ-TTg dated January 4, 2000 of the Government Chairman on the Rules of Procedure of the National Financial and Monetary Policy Advisory Council.

concerning the establishment of the Advisory Council on Financial and Monetary Policy and Decision No.

02/2000/QĐ-TTg dated January 4, 2000, by the Prime Minister on the issuance of

the Regulation of the Advisory Council on Financial and Monetary Policy

PRIME MINISTER

Based on the Government Organization Law dated September 30, 1992;

At the request of the State Bank of Vietnam and the National Financial and Monetary Policy Advisory Council,

DECISION:

Article 1Amend some articles of Decision No. 200/1999/QĐ-TTg dated October 6, 1999 of the Government Chairman:

1. Article 4 shall be amended as follows:

"Article 4. The structure of the National Financial and Monetary Policy Advisory Council includes: The Chairman is a Deputy Prime Minister, the permanent member is the Governor of the State Bank of Vietnam, members are Deputy Ministers of Finance, Planning and Investment, Trade, Chairman of the Securities Commission, Director of the Price Control Department under the Government, Director General of the General Statistics Office, and some experts knowledgeable about finance and banking. Within 10 working days from the date of receipt of the dossier as mentioned in Sub-clause b, Clause 1, Article 3 above, the Ministry of Foreign Affairs will review and submit to the competent authority for decision (Issues exceeding the Ministry of Foreign Affairs' jurisdiction will be referred to the Prime Minister for consideration and decision).Members of the Council are Deputy Ministers appointed by the Ministers of their respective Ministries, subject to approval by the Chairman of the Council; experts knowledgeable about finance and banking are selected by the Governor of the State Bank of Vietnam and reported to the Chairman of the Council for approval."

Within 10 working days from the date of receipt of the dossier as mentioned in Sub-clause b, Clause 1, Article 3 above, the Ministry of Foreign Affairs will review and submit to the competent authority for decision (Issues exceeding the Ministry of Foreign Affairs' jurisdiction will be referred to the Prime Minister for consideration and decision).Members of the Council are Deputy Ministers appointed by the Ministers of relevant Ministries, decided by the Chairman of the Council; financial and banking experts selected by the Governor of the State Bank of Vietnam to report to the Chairman of the Council for decision".

Article 5 is amended as follows: CLASS MONOCOTYLEDONamended as follows:

"Article 5. The Council has a number of staff members who are officers of the State Bank of Vietnam, working on a part-time basis. The number and list of staff assisting the Council are decided by the Governor of the State Bank of Vietnam."

Article 2. Amending some provisions of the Rules of Procedure of the National Financial and Monetary Policy Advisory Council issued pursuant to Decision No. 02/2000/QĐ-TTg dated January 4, 2000 of the Government Chairman:

1. Repeal Clause 2 of Article 5.

2. Repeal Article 7.

3. Amend Clause 2 and Clause 4 of Article 8 as follows:

"2. Ministries and sectors with draft projects shall be responsible for providing relevant materials and information related to the draft projects to the members of the Council and directly report and explain the draft projects at the Council's meetings."

"4. Documents signed by the Chairman and the permanent member of the Council shall bear the seal of the State Bank of Vietnam. The State Bank of Vietnam shall ensure conditions, means of work, and other material conditions for the activities of the National Financial and Monetary Policy Advisory Council."

Article 3. This Decision takes effect from the date of signature.

Article 4. Ministers, Heads of ministerial-level agencies, Heads of central government agencies, Chairmen of provincial People's Committees under the Central Government are responsible for implementing this Decision./.