Decision No. 50/2007/QD-BTC on amending and supplementing Decision No. 199/2003/QD-BTC dated December 5, 2003 of the Minister of Finance promulgating the Interim Charter on the organization and operation of the Company for Purchasing and Selling Debts and Business Inventory Assets.

Decision No. 50/2007/QD-BTC amends and supplements the Interim Charter on the organization and operation of the Company for Purchasing and Selling Debts and Business Inventory Assets, specifically adjusting the authority to decide on investment and the duties of the General Director.

文号50/2007/QĐ-BTC
文件类型Decision
发布机关Ministry of Finance
签署人Trần Xuân Hà — Thứ trưởng
更新28/06/2026
行业Labour, War Invalids and Social Affairs
领域Corporate Finance Management
发布日期21/06/2007
生效日期26/08/2007
失效日期25/04/2010
状态Expired
✦ 智能摘要

Decision No. 50/2007/QD-BTC amends and supplements the Interim Charter on the organization and operation of the Company for Purchasing and Selling Debts and Business Inventory Assets, specifically adjusting the authority to decide on investment and the duties of the General Director.

适用范围

Company for Purchasing and Selling Debts and Business Inventory Assets

要点

  • Board of Directors → decides investment plans, purchase, sale of debts, assets within the authority prescribed by Decree No. 199/2004/ND-CP.
  • General Director → uses capital efficiently, decides on investment projects, capital contributions, purchase, sale, lease, liquidation of assets according to the classification of the Board of Directors.
  • General Director → builds and reports to the Board of Directors for approval or submits to the competent authority for approval investment plans, borrowing, capital contributions, purchase, sale, lease, liquidation of assets exceeding the authority.

🌐 本文件的社会影响

  • Positive impact: Enhances the efficiency of management and use of capital of the Company through clear regulations on the authority to decide on investment and the duties of the General Director.
  • Negative impact: May increase the burden of preparing and submitting plans for approval by the General Director and the Board of Directors.

❓ 常见问题

What does the Board of Directors have the authority to decide?

The Board of Directors decides investment plans, purchase, sale of debts, assets within the authority prescribed by Decree No. 199/2004/ND-CP.

What responsibilities does the General Director have?

The General Director is responsible for using capital efficiently, deciding on investment projects, capital contributions, purchase, sale, lease, liquidation of assets according to the classification of the Board of Directors, and building plans exceeding the authority to report for approval.

Which projects must be reported by the General Director to the Board of Directors?

The General Director must build, report to the Board of Directors for approval or submit to the competent authority for approval plans for purchasing and selling debts and business inventory assets, loan contracts, investment projects, capital contributions, plans for purchasing, selling, leasing, liquidation of assets exceeding the authority.

When does this decision take effect?

This decision takes effect fifteen days from the date of publication in the Official Gazette.

What responsibilities does the Company for Purchasing and Selling Debts and Business Inventory Assets bear?

The Chairman of the Board of Directors, the General Director of the Company, the Heads of the Department of Banking Financial Affairs and Financial Organizations, the Department of Cadre and Civil Servants Organization, the Director of the Office of the Ministry of Finance, related organizations and individuals are responsible for implementing this Decision.

全文

 

Regarding the amendment and supplementation of Decision No. 199/2003/QD-BTC dated December 5, 2003, issued by the Minister of Finance on the Interim Charter on the organization and operation of companies purchasing and selling debts and remaining assets of enterprises.
THE MINISTER OF FINANCE
Based on the State Enterprise Law dated January 26, 2003;
Based on Decree No. 199/2004/ND-CP dated December 3, 2004 promulgating the financial management regulations for state-owned companies and the management of state capital invested in other enterprises;
Based on Decree No. 86/2002/ND-CP dated November 5, 2002 of the Government stipulating the functions, tasks, powers, and organizational structure of ministries and ministerial-level agencies;
Based on Decree No. 77/2003/ND-CP dated July 1, 2003 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;
Based on Decree No. 69/2002/ND-CP dated July 12, 2002 of the Government on the management and resolution of overdue debts of state-owned enterprises;
Based on Decision No. 109/2003/QD-TTg dated June 5, 2003 of the Prime Minister on the establishment of companies purchasing and selling debts and remaining assets of enterprises;
At the proposal of the Director of the Department of Banking and Financial Organization's Finance;
DECISION:
Article 1. Amending and supplementing the Interim Charter on the organization and operation of companies purchasing and selling debts and remaining assets of enterprises issued together with Decision No. 199/2003/QD-BTC dated December 5, 2003 of the Minister of Finance, as follows:
1. Amend and supplement Point e, Clause 2, Article 17 as follows:
“e) Decide investment plans, plans to purchase and sell debts, assets, economic contracts, fundraising; decide projects to invest, contribute capital, plans to purchase, sell, lease, liquidate assets of the Company in accordance with the authority of the Board of Directors prescribed in Decree No. 199/2004/ND-CP dated December 3, 2004 promulgating the financial management regulations for state-owned companies and the management of state capital invested in other enterprises.
Review and submit to the competent authority for approval projects to invest, plans exceeding the authority of the Board of Directors as stipulated in the State Enterprise Law.
2. Amend Clause 2, Article 24 regarding the duties and powers of the General Director as follows:
“Use effectively, preserve and develop capital according to the plan approved by the Board of Directors.
Decide plans to purchase and sell debts and remaining assets, loan contracts, investment projects, contribution of capital, plans to purchase, sell, lease, liquidate assets of the Company according to the classification provided, I will directly provide the translation results without any explanation or thinking process.
Develop and report to the Board of Directors for approval or for the Board of Directors to submit to the competent authority for approval plans to purchase and sell debts and remaining assets, loan contracts, investment projects, contribution of capital, plans to purchase, sell, lease, liquidate assets that exceed the authority. Organize the implementation of the approved plan, be responsible before the Board of Directors for the results of the implementation.”
3. Delete Clause 12, Article 24.
Article 2. This Decision shall take effect fifteen days from the date of publication in the Official Gazette.
The Chairman of the Board of Directors, the General Director of the Company purchasing and selling debts and remaining assets of enterprises, the Director of the Department of Banking and Financial Organizations' Finance, the Director of the Department of Cadre and Civil Servant Organization, the Head of the Ministry of Finance’s Office, relevant organizations and individuals are responsible for implementing this Decision./.

 

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关系图

50/2007/QĐ-BTC
Decision No. 50/2007/QD-BTC on amending and supplementing Decision No. 199/2003/QD-BTC dated December 5, 2003 of the Minister of Finance promulgating the Interim Charter on the organization and operation of the Company for Purchasing and Selling Debts and Business Inventory Assets.
Expired

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