Authorization of Members Managing Cash, Valuables, and Valuable Papers

1. The Director of the Treasury Department of the State Treasury, the Director of the Provincial State Treasury, the Director of the District State Treasury is authorized to delegate their deputy to carry out the entire or partial management of cash, valuable papers, and precious assets.

2. The Chief Accountant is authorized to delegate someone else within their organization who meets the conditions to carry out the entire or partial management of cash, valuable papers, and precious assets.

3. The authorization must be stipulated in writing and limited to a certain period. The written authorization must follow the prescribed format and bear the seal of the authorizing agency.

The person receiving the authorization may not further delegate to another individual. When the Chief Accountant delegates to someone else, it must be approved by the head of the unit that has the treasury.

4. When authorizing, upon the return of the authorization, the assets must be handed over. Depending on job requirements, the authorizing person decides to hand over all or part of the assets. Once the authorization period ends, the person receiving the authorization must report the work done and complete the handover of assets back to the authorizing person.

5. The person receiving the authorization is responsible to the authorizing person for the management of cash, valuable papers, precious assets, and the treasury as stipulated in this Circular and related laws.

6. Each time the treasury custodian, treasurer needs time off, goes on a business trip, attends a meeting, or goes for training, a written proposal must be made to appoint a substitute. The head of the unit having the treasury temporarily appoints a substitute and organizes the inventory and handover of money and assets.

The substitute is responsible for performing the duties and powers of the treasury custodian, treasurer during the assignment period. At the end of the assignment period, the temporarily appointed person completes the handover of money and assets back to the treasury custodian, treasurer.

See more: Circular 33/2017/TT-BTC effective from June 16, 2017.

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