Decision No. 31/2010/QD-TTg of the Government Chairman issuing the Regulation on Management of State Oil Reserves, effective from May 5, 2010. Previous regulations on management of state oil reserves are abolished.
Key points
- This Decision issues the Regulation on Management of State Oil Reserves, effective from May 5, 2010.
- Previous regulations on management of state oil reserves contrary to this Decision are abolished.
- The Minister, Head of a ministerial-level agency managing state oil reserves shall be responsible for inspecting subordinate state reserve units.
- Ministers, Heads of ministerial-level agencies, Heads of government agencies, Chairmen of People's Committees of provinces and centrally governed cities under the central government, and Heads of related agencies and units shall be responsible for implementing this Decision.
🌐 Social impact of this document
- Positive impact: The new regulation will enhance the management of state oil reserves.
- Negative impact: Abolishing previous regulations may cause difficulties during the transition period.
❓ Frequently asked questions
When does this Decision take effect?
This Decision takes effect from May 5, 2010.
When are previous regulations on management of state oil reserves abolished?
Previous regulations on management of state oil reserves contrary to this Decision are abolished.
Who is responsible for inspecting subordinate state reserve units?
The Minister, Head of a ministerial-level agency managing state oil reserves shall be responsible for inspecting subordinate state reserve units.
Who is responsible for implementing this Decision?
Ministers, Heads of ministerial-level agencies, Heads of government agencies, Chairmen of People's Committees of provinces and centrally governed cities under the central government, and Heads of related agencies and units shall be responsible for implementing this Decision.
Full text
Pursuant to …;
ISSUING REGULATIONS ON THE MANAGEMENT OF STATE PETROLEUM RESERVES
______________
PRIME MINISTER
Pursuant to the Law on Organization of the Government dated December 25, 2001;
BASED ON THE NATIONAL RESERVE LAW dated April 29, 2004;
BASED ON THE DECREE NO. 196/2004/NĐ-CP dated December 2, 2004 of the Government detailing the implementation of the NATIONAL RESERVE LAW;
IN CONSIDERATION OF THE PROPOSAL OF THE MINISTER OF FINANCE;
DECISION:
Article 1. ATTACH HERETO is the REGULATION ON THE MANAGEMENT OF STATE PETROLEUM RESERVES pursuant to this decision.
Article 2. This decision shall take effect from May 5, 2010. All previous regulations on the management of state petroleum reserves that conflict with this decision are hereby abolished.
Article 3. The Minister of Finance, the Heads of Ministries and Agencies equivalent to Ministries managing state petroleum reserves shall be responsible for inspecting subordinate reserve units during the implementation of these Regulations. The Ministers, Heads of Ministries and Agencies equivalent to Ministries, Heads of Government Agencies, Chairmen of People's Committees of provinces and centrally governed cities, and Heads of related agencies and units shall be responsible for implementing this Decision.
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