Funding for the Payment of Activities Involving the Solicitation of Appraisals is Sourced from Where?

20:10, 10/07/2024

Here is the noteworthy content in Circular 215/2015/TT-BTC providing guidance on the preparation of estimates, compliance, and settlement of state budget funds ensuring the activities of summoning appraisers, evaluators, witnesses, and interpreters by the proceeding agencies, issued by the Ministry of Finance on December 31, 2015.

According to the provisions of Circular 215/2015/TT-BTC, the funding for the activities of soliciting assessment, valuation, summoning witnesses, and interpreters is derived from the following sources:

- The procedural agency that solicits the assessment, requests the asset valuation, summons witnesses, and interpreters shall bear the costs of soliciting the assessment, requesting the asset valuation, summoning witnesses, and interpreters.- The funds for the payment of assessment, asset valuation, summoning witnesses, and interpreters borne by the procedural agency are allocated in the annual state budget estimates assigned to the procedural agency according to the provisions of the law.

Also, according to Circular 215, the state budget funds allocated for the payment of assessment, asset valuation, summoning witnesses, and interpreters must be managed and used for the correct purposes and subjects according to current standards and policies; funds must not be used for other tasks of the agency or unit.

See detailed information at Circular 215/2015/TT-BTC which takes effect from February 20, 2016.

- Khanh Chi -

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