Circular 07/2013/TT-BXD: Handling Violations in Housing Support Loans

This is the prominent content mentioned in Circular 07/2013/TT-BXD providing guidance on identifying the subjects and conditions eligible for housing support loans according to Resolution 02/NQ-CP.

For the violations related to housing support loans as stipulated in Circular 07/2013/TT-BXD, different measures will be applied depending on each case. To be specific:

Handling violations related to housing support loans, Circular 07/2013/TT-BXD

Illustration (source: internet)

- Administrative violations as stipulated in this Circular will be handled in accordance with the law on administrative penalties, construction law, housing law, and real estate business law.- Organizations and individuals who commit fraud regarding the subjects and conditions for obtaining housing support loans for renting, lease-purchasing, or purchasing housing as stipulated in this Circular, in addition to being sanctioned in accordance with the regulations on administrative penalties in housing management and development, will also be required to repay the borrowed amount and terminate the loan contracts signed with credit institutions.- Those who abuse their positions or powers to act contrary to the regulations related to the confirmation of eligible subjects for housing support loans as stipulated in this Circular will, depending on the level of violation, be subject to administrative penalties or criminal prosecution. Violators causing material damage will be liable for compensation.

See additional regulations in Circular 07/2013/TT-BXD, effective from June 1, 2013.

Thu Ba

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