Decision No. 63/2004/QD-BTC On Amending Certain Articles of the Lottery Ticket Agency Sales Regulation Issued Together with Decision No. 185/2003/QD-BTC dated November 13, 2003 of the Minister of Finance

 Pursuant to …;

Regarding amendments to certain Articles of the Lottery Ticket Agency Regulations

issued together with Decision No. 185/2003/QD-BTC

dated November 13, 2003of the Minister of Finance

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THE MINISTER OF FINANCE

Pursuant to Decree No. 86/2002/NĐ-CP dated November 5, 2002 of the Government stipulating the functions, tasks, powers, and organizational structure of Ministries and ministerial-level agencies;

Pursuant to Decree No. 77/2003/NĐ-CP dated July 1, 2003 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;

At the proposal of the Director of the Department of Banking and Financial Organization Finance,

DECISION:

Article 1. Amending certain Articles of the Lottery Ticket Agency Regulations issued together with Decision No. 185/2003/QD-BTC dated November 13, 2003 of the Minister of Finance as follows:

Article 6 - Business Registration is amended as follows:

The lottery agency, sub-agency, and lottery ticket sellers shall register their business activities related to lottery agency operations at the business registration authority in accordance with the provisions of the law.

Article 9 - Lottery Agency Payment Authorization is amended as follows:

The State Lottery Company may choose and decide whether to authorize or not authorize lottery agencies for payment. The authorization must meet the following requirements:

a. Be consistent with the management capacity of the lottery agency and the management requirements for payments of each type of lottery.

b. Specify in the lottery agency contract the responsibility of the lottery agency to compensate for lottery tickets that are not paid according to regulations.

Article 2. This Decision takes effect 15 days from the date of publication in the Official Gazette.

Article 3. The Director of the Department of Banking and Financial Organization Finance, the Head of the Ministry of Finance's Office, and the Heads of relevant units under and affiliated with the Ministry of Finance are responsible for implementing this Decision.