Circular No. 22/1998/TT-BTC supplements Circular No. 35-TC/HCSN dated July 12, 1996 on guiding the management of funds for target programs in the radio and television sector.

CIRCULAR

OF THE MINISTRY OF FINANCE NUMBER 22/1998/TT-BTC DATED FEBRUARY 20, 1998 GUIDING THE SUPPLEMENTATION OF CIRCULAR NO. 35-TC/HCSN DATED JULY 12, 1996 ON THE GUIDELINES FOR MANAGING OPERATING FUNDS FOR TARGET PROGRAMS IN THE RADIO AND TELEVISION SECTOR

On July 12, 1996, the Ministry of Finance issued Circular No. 35-TC/HCSN on "Guidelines for Managing Operating Funds for Target Programs in the Radio and Television Sector." After a period of implementation of this Circular and the State Budget Law, at the request of Vietnam Television, the Ministry of Finance supplements the following points:

1. Point 3, Part I, of Circular No. 35-TC/HCSN dated July 12, 1996 of the Ministry of Finance proposes to replace "Decree No. 177/CP dated October 20, 1994 of the Government and guiding circulars" with "Decree No. 42/CP dated July 16, 1996 of the Government on the issuance of the Investment and Construction Management Regulation, Decree No. 43/CP dated July 16, 1996 of the Government on the issuance of the Tendering Regulation, Decree No. 92/CP, 93/CP dated August 23, 1997 of the Government amending and supplementing certain points in Decree No. 42/CP and Decree No. 43/CP mentioned above and guiding circulars on investment and construction management."

2. Point a, Subsection 2, Part II, of Circular No. 35-TC/HCSN dated July 12, 1996 of the Ministry of Finance is amended as follows:

- The Ministry of Finance will disburse funds according to the progress of work implementation when the unit has all the required documents as stipulated by current state regulations. For construction investment funds under target programs, the unit must comply with the procedures specified in Decree No. 42/CP dated July 16, 1996 of the Government on the issuance of the Investment and Construction Management Regulation, Decree No. 43/CP dated July 16, 1996 of the Government on the issuance of the Tendering Regulation, Decree No. 92/CP, Decree No. 93/CP dated August 23, 1997 of the Government amending and supplementing certain points in Decree No. 42/CP and Decree No. 43/CP mentioned above and guiding circulars on investment and construction management.

3. Point b, Subsection 2, Part II, of Circular No. 35-TC/HCSN dated July 12, 1996 of the Ministry of Finance is supplemented as follows:

- Costs for management, operation, preservation, and regular maintenance of equipment received from target programs are included in the total annual budget estimate for operating expenses of local Radio and Television Stations as prescribed by law. In 1998, these funds will be used within the state budget approved by the National Assembly and announced by the Government to localities.

4. Subsection 3, Part II, of the Circular is amended as follows:

Vietnam Television, Voice of Vietnam, local Radio and Television Stations, and units under the Ministry of Defense and the Ministry of Public Security shall organize accounting and quarterly and annual financial reporting in accordance with Decision No. 999-TC/QD/CĐKT dated November 2, 1996 of the Minister of Finance.

5. This Circular takes effect fifteen days from the date of signature.

Other contents not addressed in this Circular remain unchanged as stipulated in Circular No. 35-TC/HCSN dated July 12, 1996 of the Ministry of Finance.

Any difficulties encountered during implementation should be reported to the Ministry of Finance for timely supplementation and amendment.