THE MINISTRY OF FINANCE
Circular No. 85/2012/TT-BTC of May 25, 2012, guiding the financial management regime for forest protection and development funds
Pursuant to the Government’s Decree No. 60/2003/ND-CP of June 10, 2003, detailing and guiding the implementation of the State Budget Law;
Pursuant to the Government’s No. 05/2008/ND-CP of January 14, 2008, on forest protection and development funds;
Pursuant to the Government’s No. 99/2010/ND-CP of September 24, 2010, on the policies on payment for forest environmental services;
In furtherance of the Prime Minister’s Decision No. 07/2012/QD-TTg of February 8, 2012, promulgating a number of policies to enhance forest protection;
At the proposal of the Director of the Public Expenditure Department;
The Minister of Finance guides the financial management regime for forest protection and development funds as follows:
Article 1. General provisions
1. This Circular guides the financial management regime for the Vietnam forest protection and development fund that is established under the decision of, and managed by, the Ministry of Agriculture and Rural Development (below referred to as the central fund) and provincial-level forest protection and development funds that are established under the decisions of chairpersons of provincial-level People’s Committees (below referred to as provincial-level funds).
Communes with forests and revenues specified in Clause 1, and Points b, c and d, Clause 3, Article 3 of Decision No. 07/2012/QD-TTg, may establish commune-level forest protection and development funds (below referred to as commune-level funds). Chairpersons of provincial-level People’s Committees shall decide on the establishment of commune-level funds under law.
