Circular No. 37/2004/TT-BTC amends Circular No. 111/1999/TT-BTC on the financial regime of the State Bank of Vietnam, specifically regarding expenditure for purchasing labor tools. The maximum total expenditure does not exceed 4.4 million VND per person per year.
Scope of application
State Bank of Vietnam
Key points
- The State Bank of Vietnam → may purchase labor tools with a maximum total expenditure not exceeding 4.4 million VND per person per year.
🌐 Social impact of this document
- The State Bank of Vietnam will reasonably expend funds for purchasing labor tools to enhance operational efficiency. However, the maximum expenditure level may limit investment in new and modern tools.
❓ Frequently asked questions
What is the annual total expenditure for purchasing labor tools of the State Bank of Vietnam?
The maximum total expenditure does not exceed 4.4 million VND per person per year.
When does this circular take effect?
This circular takes effect fifteen days from the date of publication in the Official Gazette and applies from the fiscal year 2004.
When can the State Bank of Vietnam purchase labor tools?
The State Bank of Vietnam may purchase labor tools according to the provisions of this circular.
For how many people does the maximum expenditure level apply to the purchase of labor tools?
The maximum expenditure does not exceed 4.4 million VND per person per year, calculated based on the average number of officials, civil servants, and employees of the State Bank of Vietnam.
When does this circular apply?
This circular applies from the fiscal year 2004.
Full text
CIRCULAR
Regarding the amendment of Circular No. 111/1999/TT-BTC dated September 17, 1999
guiding the implementation of financial regulations for the State Bank of Vietnam
_______________________________
Pursuant to Decree No. 100/1998/NĐ-CP dated December 10, 1998 of the Government on the financial regime of the State Bank of Vietnam, to be consistent with the actual operations of the State Bank of Vietnam,
The Ministry of Finance guides the amendment of Circular No. 111/1999/TT-BTC dated September 17, 1999, guiding the implementation of financial regulations for the State Bank of Vietnam as follows:
Point 2.7.d Part B Section III concerning expenditures on purchasing labor tools at Circular No. 111/1999/TT-BTC shall be amended as follows: "The total annual expenditure on purchasing labor tools of the State Bank of Vietnam calculated based on the average number of employees of the State Bank of Vietnam per year shall not exceed VND 4,400,000 per person per year."
This Circular shall take effect fifteen days from the date of publication in the Official Gazette and shall apply from the fiscal year 2004.
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