Decision No. 51/2013/QĐ-TTg Amending certain points of Decision No. 04/2011/QĐ-TTg dated January 20, 2011 of the Government on financial management for the Vietnam Social Security

Pursuant to …;

Amending certain points of Decision No. 04/2011/QĐ-TTg dated January 20, 2011 of the Prime Minister on financial management for the Vietnam Social SecurityThe Prime Minister promulgates this Decision to amend certain points of Decision No. 04/2011/QĐ-TTg dated January 20, 2011 of the Prime Minister on financial management for the Vietnam Social Security.
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Pursuant to the Law on Organization of the Government dated December 25, 2001;

Pursuant to the Law on Thrift and Combating Wastefulness dated November 29, 2005;

Pursuant to the Social Insurance Law dated June 29, 2006;

Pursuant to the Health Insurance Law dated November 14, 2008;

At the proposal of the Minister of Finance;

Amending certain points of Decision No. 04/2011/QĐ-TTg dated January 20, 2011 of the Prime Minister on financial management for the Vietnam Social Security as follows:

Article 1. Amending certain points of Decision No. 04/2011/QĐ-TTg dated January 20, 2011 of the Prime Minister on financial management for the Vietnam Social Security as follows:

1. Amend Point c Clause 2 Article 8 as follows:

Delete the following:"In cases where the Vietnam Social Security implements loans at interest rates higher than the highest deposit interest rate for the same term of four state commercial bank branches or offices in Hanoi at the time of lending, the amount of interest earned from the excess interest rate on the loan shall be used as follows:

- Allocate 50% to supplement the budget for administrative expenses and to be used to supplement the reward and welfare fund of the Vietnam Social Security sector, in addition to the allocation stipulated in Point b Clause 3 Article 9 of this Decision.

- The remainder shall be used in accordance with the provisions of Clause 3 Article 7 of this Decision."

2. Repeal Point a Clause 1, Point a Clause 3, and Clause 4 Article 9.

Article 2. This Decision takes effect from October 1, 2013 and applies to fiscal years from 2012 to 2015.

Article 3. Ministers: Finance, Labor - Invalids and Social Affairs, Health, Home Affairs, Planning and Investment; Chairman of the Management Council of the Vietnam Social Security, General Director of the Vietnam Social Security, and Heads of relevant agencies are responsible for implementing this Decision./.