What are latest regulations on impound accounts by settlement of clean water supply infrastructure assets in Vietnam?
What are latest regulations on impound accounts by settlement of clean water supply infrastructure assets in Vietnam? What are latest regulations on costs relating to settlement of clean water supply infrastructure assets in Vietnam?
I have a need to find out, please advise. Thank you.
1. What are latest regulations on impound accounts by settlement of clean water supply infrastructure assets in Vietnam?
Pursuant to Clauses 1 and 2, Article 23 of Decree No. 43/2022/ND-CP (effective from August 8, 2022) stipulates impound accounts by settlement of clean water supply infrastructure assets as follows:
1. Within 3 working days from the date on which revenues generated by settlement of clean water supply infrastructure assets under Section 5 of this Chapter are received, agencies and entities assigned to manage clean water supply infrastructure assets and holding settled assets (agencies and entities assigned to manage assets) shall submit all money received to impound accounts opened by Departments of Finance at State Treasury.
2. The impound accounts shall be stringently monitored for each agency and entity holding settled assets.
2. What are latest regulations on costs relating to settlement of clean water supply infrastructure assets in Vietnam?
According to Clause 3, Article 23 of Decree No. 43/2022/ND-CP (effective from August 8, 2022), costs relating to settlement of clean water supply infrastructure assets are as follows:
3. Based on request of agencies and entities holding settled assets, clean water authorities shall produce estimates for costs relating to asset utilization and request provincial People’s Committees to approve.
Costs relating to asset settlement include:
a) Inventory, measurement and drawing expenditure.
b) Dismantlement and destruction expenditure.
c) Other relevant legitimate costs.
Best Regards!
