Decision No. 697/TC-QĐ-TCDN issues temporary regulations on the use of funds for the State Council for Shareholding Reform at the central and local levels to implement the Decree converting state-owned enterprises into joint-stock companies.
Scope of application
State Councils for Shareholding Reform at the central and local levels, relevant agencies.
Key points
- The State Councils for Shareholding Reform at the central and local levels shall use additional funds to implement the Decree converting state-owned enterprises into joint-stock companies.
🌐 Social impact of this document
- Positive impact: Effectively supports the shareholding reform process, enhances the implementation capacity of the State Councils.
- Negative impact: Fund expenses may exert financial pressure on the state budget.
❓ Frequently asked questions
How are the State Councils for Shareholding Reform using the funds?
The State Councils for Shareholding Reform at the central and local levels shall use additional funds to implement the Decree converting state-owned enterprises into joint-stock companies.
When does this Decision take effect?
This Decision takes effect from the date of signing.
Which agencies are responsible for implementing this Decision?
The State Councils for Shareholding Reform at the central and local levels and relevant agencies are responsible for implementing this Decision.
To which level of State Councils for Shareholding Reform does this Decision apply?
This Decision applies to both the State Councils for Shareholding Reform at the central and local levels.
What does Decree No. 28/CP mentioned in this Decision stipulate?
Government Decree No. 28/CP dated May 7, 1996 on the conversion of some state-owned enterprises into joint-stock companies.
Full text
Pursuant to …;
Regarding the issuance of temporary regulations on the use of funds for the steering committee for shareholding reform at the central and local levels
at the central and local levels
THE MINISTER OF FINANCE
Pursuant to Decree No. 28/CP dated May 7, 1996 of the Government on converting some state-owned enterprises into joint-stock companies;
Pursuant to Decision No. 548/TTg dated August 13, 1996 of the Prime Minister on the establishment of steering committees for shareholding reform.
Pursuant to …;
Article 1. Attached hereto are the temporary regulations on the use of additional funds for the steering committees for shareholding reform at the central and local levels to implement Decree No. 28/CP dated May 7, 1996 of the Government.
Article 2. This Decision takes effect from the date of signature. The steering committees for shareholding reform at the central and local levels and relevant agencies shall be responsible for implementing this Decision.
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