Vietnam: Procedures for destruction of prize-winning electronic game machines and tokens

According to Circular No. 11/2014/TT-BTC of the Ministry of Finance of Vietnam, destruction of machines, equipment of prize-winning electronic game machines and tokens shall comply with Clause 4 and Clause 5 Article 14 of Decree No. 86/2013/ND-CP of Vietnam’s Government and provisions in this Circular.

Specifically, the process of and procedures for destruction of equipment of prize-winning electronic game machines and tokens are as follows:

- Enterprise which wishes destruction shall send a document to Department of Finance, Department of Culture, Sport and Tourism, taxation agency directly managing in locality to notify about the destruction plan and suggest the aforesaid agencies to appoint representatives to participate in supervision and conformation of destruction;

- Within seven (07) working days, after receiving document of enterprise, agencies stated at point a this clause must send document to enterprise in which confirm the appointment of their representative to participate in supervision of destruction. Enterprises are permitted to conduct destruction if there is at least one (01) representative of aforesaid agencies participating in supervision of destruction;

- Within seven (07) working days, after receiving written confirmation of relevant agencies, enterprise shall notify representatives of these agencies specially about the time and location of destruction, quantity, categories of machines, equipment of prize-winning electronic game machines and tokens which are expected to be destroyed, measures of destruction and organization of destruction according to the notified content;

- At the end of destruction, parties joining in destruction shall conduct a written record to confirm the destruction.

View details at Circular No. 11/2014/TT-BTC of the Ministry of Finance of Vietnam, effective from March 15, 2014.

Thu Ba

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