Decision No. 25/2008/QD-NHNN issues the Cash Adjustment System and the Withdrawal and Deposit of the Issuance Reserve Fund and the Issuance Operational Fund within the State Bank of Vietnam System. This Decision replaces previous regulations and takes effect from the date of publication in the Official Gazette.
Scope of application
The State Bank of Vietnam system includes related units such as the Issuance and Treasury Department, the Director of the State Bank of Vietnam Office, the Director of the State Bank of Vietnam Trading Department, the Governor of the State Bank of Vietnam Branches in provinces and centrally governed cities.
Key points
- The State Bank of Vietnam system → is subject to the new Cash Adjustment System and the Withdrawal and Deposit of the Issuance Reserve Fund and the Issuance Operational Fund.
🌐 Social impact of this document
- Positive impact: Creates a clear legal basis for cash adjustment activities and management of the Issuance Reserve Fund and the Issuance Operational Fund.
- Negative impact: May cause difficulties during the transition from old regulations to new ones.
❓ Frequently asked questions
When does this Decision take effect?
This Decision takes effect fifteen days after its publication in the Official Gazette.
What regulation does this Decision replace?
This Decision replaces Decision No. 46/1999/QD-NHNN and Decision No. 39/2002/QD-NHNN.
Which units are responsible for implementing this Decision?
The Director of the State Bank of Vietnam Office, the Head of the Issuance and Treasury Department, the Heads of related units under the State Bank of Vietnam, the Director of the State Bank of Vietnam Trading Department, and the Governors of the State Bank of Vietnam Branches in provinces and centrally governed cities are responsible for implementing this Decision.
How is the Cash Adjustment System and the Withdrawal and Deposit of the Issuance Reserve Fund regulated?
The Cash Adjustment System and the Withdrawal and Deposit of the Issuance Reserve Fund are issued together with this Decision.
When does this Decision take effect?
This Decision takes effect fifteen days after its publication in the Official Gazette.
Full text
Pursuant to …;
Issuing the Cash Adjustment System for the Issuance Reserve Fund and the Issuance Business Fund within the State Bank of Vietnam System
and the Issuance Business Fund within the State Bank system
________________________
GOVERNOR OF THE STATE BANK OF VIETNAM
Based on the Law on the State Bank of Vietnam 1997; the Law Amending and Supplementing Certain Articles of the Law on the State Bank of Vietnam 2003;
Based on Decree No. 52/2003/NĐ-CP dated May 19, 2003 of the Government stipulating the functions, tasks, powers, and organizational structure of the State Bank of Vietnam;
Based on Decree No. 87/1998/NĐ-CP dated October 31, 1998 of the Government on the issuance, withdrawal, and replacement of paper money and metallic currency;.
At the proposal of the Director of the Issuance and Treasury Department,
DECISION:
Article 1. The Cash Adjustment System for the Issuance Reserve Fund and the Issuance Business Fund within the State Bank of Vietnam System is hereby issued together with this Decision.
Article 2. This Decision shall take effect fifteen days from the date of publication in the Official Gazette and shall supersede Decision No. 46/1999/QĐ-NHNN6 dated February 5, 1999 of the Governor of the State Bank of Vietnam promulgating Regulations on Issuance Operations and Cash Adjustment within the State Bank of Vietnam System; Decision No. 39/2002/QĐ-NHNN dated January 16, 2002 amending and supplementing certain articles and clauses of the Regulations on Issuance Operations and Cash Adjustment within the State Bank of Vietnam System issued together with Decision No. 46/1999/QĐ-NHNN6 dated February 5, 1999.
Article 3. The Director of the State Bank of Vietnam’s Office, the Director of the Issuance and Treasury Department, the Heads of relevant units under the State Bank of Vietnam, the Directors of the State Bank of Vietnam Branches, and the Directors of the State Bank of Vietnam Provincial and Central City Branches are responsible for implementing this Decision./.
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