Decision No. 19/2007/QD-NHNN on amending and supplementing certain articles of the Financial Management Regulation of the State Bank issued pursuant to Decision No. 49/2006/QD-NHNN dated September 29, 2006 of the Governor of the State Bank.

DECISION

Regarding amendments and supplements to certain provisions of the Financial Management Regulation for the Social Policy Bank issued together with Decision No. 180/2002/QĐ-TTg dated December 19, 2002 issued by the State Bank of Vietnam pursuant to Decision No. 49/2006/QĐ-NHNN dated September 29, 2006 of the Governor of the State Bank of Vietnam

GOVERNOR OF THE STATE BANK OF VIETNAM

Pursuant to the Law on the State Bank of Vietnam 1997 and the Law Amending and Supplementing Certain Provisions of the Law on the State Bank of Vietnam 2003;

Pursuant to Decree No. 52/2003/ND-CP dated May 19, 2003, issued by the Government, detailing the functions, tasks, powers, and organizational structure of the State Bank of Vietnam;

On the basis of Decree No. 07/2006/NĐ-CP dated January 10, 2006 of the Government on the financial regime of the State Bank of Vietnam.

At the proposal of the Director of the Accounting and Finance Department,

DECISION:

Article 1. Amending and supplementing some articles of the Financial Management Regulation issued pursuant to Decision No. 49/2006/QĐ-NHNN dated September 29, 2006 of the Governor of the State Bank of Vietnam as follows:

1. Point b, Clause 3, Article 12 shall be amended and supplemented as follows:

“b) After completing the purchase of labor tools and materials, units must carry out the following procedures:

- Organize a verification committee for labor tools and materials, including: A representative from the unit's leadership, accounting department, administrative management department, 1. This Circular takes effect from March 15, 2013. (for units with internal control departments) to verify quantity, quality, value, and type of purchased labor tools and materials.”

+ For labor tools, units prepare a "Labor Tool Verification Report" for each procurement of labor tools.

+ For materials, if non-compliant materials are discovered, units prepare a report as evidence for handling.

In cases of large-scale procurement of labor tools and materials with complex physical or chemical properties or rare materials, units conduct inspection procedures and prepare an inspection report for labor tools and materials.

- Carry out procedures for warehousing or transferring to using units or individuals.”

2. Article 22 shall be amended and supplemented as follows:

a) Clause 1, Article 22 shall be amended and supplemented as follows:

"1. Revenue from deposit operations and credit provision:

 - Interest income from deposits:

Collection of interest on deposits made by the State Bank at credit institutions; collection of foreign currency interest on deposits made by the State Bank abroad.

 - Interest income from loans:

Collection of interest on loans in Vietnamese dong and foreign currencies provided to domestic credit institutions, joint venture banks, and foreign banks.

 - Other revenue from credit activities:

Collection of other revenues related to credit operations of the State Bank not mentioned above.”

b) Clause 6, Article 22 shall be amended and supplemented as follows:

“6. Revenue from banking services:

- Revenue from payment services:

Collection of payment service fees from customers by the State Bank.

- Revenue from securities custody services.

- Revenue from information services including revenue from exchange of monetary and credit information and other information services of the State Bank.

 - Other service revenue:

Collection of other service fees not mentioned above.”

3. Article 29 is amended and supplemented as follows:

“1. Deputy Governor of the State Bank responsible for the unit:

Directs the unit to develop the annual fixed asset procurement budget plan to be submitted to the Governor of the State Bank for approval.

2. Deputy Governor of the State Bank responsible for accounting and finance:

- Approves the tasks specified in Article 28 of this Regulation according to the authorization of the Governor of the State Bank.

- Carries out the assigned tasks of the Deputy Governor of the State Bank responsible for the unit (as stipulated in Clause 1 of this Article).

- Approves tender plans; tender invitation documents; tender results for fixed asset procurement with a value equal to or exceeding 500 million VND per procurement conducted by State Bank units and requests for approval.

- Assists the Governor of the State Bank in directing and inspecting the implementation of the fixed asset procurement plan of the State Bank system.”

4. Clause 5, Article 30 shall be amended and supplemented as follows:

“5. Review and report to the Governor of the State Bank the results of review: Budget estimates; Tender plans; Tender invitation documents; Tender results; Settlement statements for tenders with a value equal to or exceeding 500 million VND per procurement conducted by State Bank units and requests for approval.”

 5. Article 31 is amended and supplemented as follows:

a) Clause 4 of Article 31 is amended and supplemented as follows:

"4. For assets that must be procured through tendering:

- Establish a Tender Expert Team or select a consulting organization or a professional tendering organization to act as the tender inviter.

- Approve the Procurement Plan; Tender Documents and Tender Results for procurement packages with a value under 500 million dong per procurement.

- Submit to the Accounting and Finance Department for review: Budget Estimate; Procurement Plan; Tender Documents; Tender Results; Final Accounts for procurement packages with a value of 500 million dong or more per procurement carried out by the unit and request approval."  

b) Clause 5 of Article 31 is added as follows:

"5. After completing the procurement of fixed assets, units submit final account documents to the Accounting and Finance Department for review in accordance with regulations."

 6. Article 33 is amended and supplemented as follows:

"Time limit for reviewing and approving the budget estimate and final accounts for the procurement of fixed assets

1. Time limit for reviewing and approving the budget estimate for the procurement of fixed assets shall not exceed 10 working days from the date of receiving complete documents as prescribed or from the date of receiving the price verification results.

2. Time limit for reviewing and approving the final accounts for the procurement of fixed assets shall not exceed 15 working daysfrom the date of receiving complete documents as prescribed."

Article 2. This Decision takes effect 15 days after its publication in the Official Gazette.

Article 3The Director of the Office, the Heads of the Accounting and Finance Department, the General Inspectorate Department, the Heads of units under the State Bank, and the Governors of the State Bank branches in provinces and centrally governed cities are responsible for implementing this Decision./.