Circular No. 229/2009/TT-BTC Amending and Supplementing Circular No. 62/2008/TT-BTC dated July 8, 2008 of the Ministry of Finance guiding the implementation of the Financial Management Regulation for the Vietnam Deposit Insurance Corporation

CIRCULAR

Amending and supplementing Circular No. 62/2008/TT-BTC dated July 8, 2008 of the Ministry of Finance guiding the implementation of the Financial Management Regulation for the Vietnam Deposit Insurance Corporation

implement the Financial Management Regulation for the Vietnam Deposit Insurance Corporation

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Pursuant to the Decree No. 118/2008/NĐ-CP dated November 27, 2008 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;

Pursuant to Decision No. 13/2008/QĐ-TTg dated January 18, 2008 of the Prime Minister promulgating the Financial Management Regulation for the Vietnam Deposit Insurance Corporation;

Pursuant to Decision No. 132/2009/QĐ-TTg dated November 2, 2009 of the Prime Minister amending and supplementing certain provisions of the Financial Management Regulation for the Vietnam Deposit Insurance Corporation issued together with Decision No. 13/2008/QĐ-TTg dated January 18, 2008 of the Prime Minister;

The Ministry of Finance amends and supplements Circular No. 62/2008/TT-BTC dated July 8, 2008 of the Ministry of Finance guiding the implementation of the Financial Management Regulation for the Vietnam Deposit Insurance Corporation as follows:

Article 1. Repealing Point 2.8 Section 2 Part III of Circular No. 62/2008/TT-BTC dated July 8, 2008 of the Ministry of Finance guiding the implementation of the Financial Management Regulation for the Vietnam Deposit Insurance Corporation.

Article 2. Amending and supplementing the content on the distribution of surplus revenue and expenditure and the use of funds established from surplus revenue and expenditure of the Vietnam Deposit Insurance Corporation stipulated in Section 2 Part IV of Circular No. 62/2008/TT-BTC dated July 8, 2008 of the Ministry of Finance as follows:

"2. The distribution of surplus revenue and expenditure and the use of funds established from surplus revenue and expenditure of the Vietnam Deposit Insurance Corporation shall be carried out in accordance with the provisions of Article 17 and Article 18 of the Financial Management Regulation for the Vietnam Deposit Insurance Corporation promulgated together with Decision No. 13/2008/QĐ-TTg dated January 18, 2008, and Articles 2 and 3 of Decision No. 132/2009/QĐ-TTg dated November 2, 2009 of the Prime Minister amending and supplementing certain provisions of the Financial Management Regulation for the Vietnam Deposit Insurance Corporation promulgated together with Decision No. 13/2008/QĐ-TTg dated January 18, 2008 of the Prime Minister"

Article 3. Implementation

1. This Circular takes effect 45 days from the date of issuance and is implemented from the 2009 fiscal year.

2. Any amounts deducted from expenses for rewarding individuals and units outside the industry from January 1, 2009 to December 29, 2009, the Vietnam Deposit Insurance Corporation must return to its income.

3. In case of any difficulties during the implementation process, units are requested to report to the Ministry of Finance for study, consideration, and resolution./.