Recently, the Government of Vietnam issued Decree No. 30/2007/NĐ-CP on lottery business.
According to Article 29 of Decree No. 30/2007/NĐ-CP of Vietnam’s Government, acts of violation of the law on lottery business include:
1. Prohibited acts specified in Article 6 of this Decree.
2. Violation of regulations on issuance and distribution of lottery tickets.
3. Violation of regulations on lottery draws and payment of prizes to customers.
4. Violation of regulations on lottery advertisement and sales promotion.
5. Violation of regulations on financial management, accounting, statistics and audit.
6. Violation of competent state agencies' regulations on grant of business eligibility certificates, inspection, examination and supervision.
7. Illegal competition.
8. Supply of untruthful information, data or reports.
9. Other acts as provided for by law.
Concurrently, violating organizations or individuals shall, depending on the nature and severity of their violations, be administratively sanctioned or examined for penal liability. Violating lottery business enterprises shall also be handled in the following forms:
- Confiscation of exhibits or means used in violations;
- Deprivation of the right to use business eligibility certificates for a given period of time;
- Imposition of restrictions on business areas or types of product to be dealt in;
- Revocation of business eligibility certificates.
View details at Decree No. 30/2007/NĐ-CP of Vietnam’s Government, effective from March 03, 2007.
Ty Na
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