Decree No. 18B of 1946 stipulates the issuance of Vietnamese banknotes in South Central Vietnam below the 16th parallel. This document aims to establish a national financial foundation for areas with sufficient conditions.
Scope of application
Citizens and organizations within the territory of South Central Vietnam south of the 16th parallel
Key points
- The South Central Administrative Committee → is authorized to issue Vietnamese banknotes in the specified area → Article 1
- No one → shall forge or destroy the value of Vietnamese banknotes → Article 3
- Anyone who violates Article 3 will be brought before a military court
- The Minister of Finance, the Minister of Interior Affairs, the Minister of Justice, and the South Central Administrative Committee → are responsible for implementing this Decree → Article 4
🌐 Social impact of this document
- Establishing a financial foundation for the South Central region
- Reducing counterfeiting activities and stabilizing the economy
- The South Central Administrative Committee and relevant agencies have additional responsibilities in managing currency
❓ Frequently asked questions
Who is authorized to issue Vietnamese banknotes?
The South Central Administrative Committee is authorized to issue Vietnamese banknotes in South Central Vietnam below the 16th parallel.
What will happen if someone forges or destroys the value of Vietnamese banknotes?
Anyone who violates this provision will be brought before a military court.
Full text
DECREE-LAW
No. 18 B dated January 31, 1946
THE CHAIRMAN OF THE PROVISIONAL GOVERNMENT OF THE DEMOCRATIC REPUBLIC OF VIETNAM
Considering the necessity to issue Vietnamese banknotes as a foundation for national finance where conditions permit;
In response to the request of the Central Committee of Administration and the proposal of the Minister of Finance, after the Council of Ministers' approval;
ISSUES THE DECREE-LAW:
Article 1: The issuance of Vietnamese banknotes will take place in South Central Vietnam south of the 16th parallel.
Article 2: The issuance of Vietnamese banknotes shall be organized and controlled by the Central Committee of Administration.
Article 3: Anyone who forges or engages in actions that undermine the value of Vietnamese banknotes will be brought before a military court.
Article 4: The Minister of Finance, the Minister of Interior, the Minister of Justice, and the Central Committee of Administration are responsible for implementing this Decree-Law.
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Ho Chi Minh (Signed)
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