Plan for the Handling of Assets of Dissolved Social Funds and Charitable Funds

14:22, 11/07/2024

On July 5, 2018, the Ministry of Finance issued Circular 57/2018/TT-BTC providing guidelines for the implementation of certain provisions of Decree 29/2018/ND-CP. Notably, it includes regulations on the plan for handling the assets of social funds and charitable funds that are dissolved as follows:

For assets under central management that are dissolved, the unit in charge of asset management shall propose a handling plan (accompanied by one copy of the decision establishing state ownership of the asset - a photocopy), and send it to the agency tasked with public asset management under the Ministry of Home Affairs.

Based on the report from the unit in charge of asset management, the agency tasked with public asset management under the Ministry of Home Affairs shall develop a handling plan for the asset and submit it to the Minister of Home Affairs or the person authorized by the Minister of Home Affairs for approval or report to the Prime Minister of the Government of Vietnam for a decision according to their authority.

For assets of funds under local management that are dissolved, the Department of Finance shall develop a handling plan for the asset and submit it to the Chairman of the Provincial People's Committee or the person authorized by the Provincial People's Council for approval or report to the Prime Minister of the Government of Vietnam for a decision according to their authority.

Please see Circular 57/2018/TT-BTC effective from August 20, 2018, for details.

-Thao Uyen-

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

0 lượt xem

- This translation is generated by OpenAI's GPT-4o model;
- The legal regulations in this article are according to Vietnamese Law;
- This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts;
- Articles may be compiled from a variety of sources;
- Applicable Terms may have expired at the time you are reading;
- If you have any questions about the copyright of the article, please contact us via email banquyen@lawnet.vn