| THE MINISTRY OF FINANCE ------- | SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom – Happiness --------- |
| No. 87/2010/TT-BTC | Hanoi, June 15, 2010 |
CIRCULAR
ON MANAGEMENT AND HANDLING OF ASSETS OF STATE-FUNDED PROJECTS UPON THEIR COMPLETION
THE MINISTRY OF FINANCE
Pursuant to the December 16, 2002 Law on the State Budget;
Pursuant to the June 3, 2008 Law on Management and Use of State Property;
Pursuant to the Government's Decree No. 52/ 2009/ND-CP of June 3, 2009, detailing and guiding a number of articles of the Law on Management and Use of State Property;
Pursuant to the Government's Decree No. 137/2006/ND-CP of November 14, 2006, on decentralization of the state management of state property at administrative agencies and public non-business units and property over which state ownership is established;
Pursuant to the Government's Decree No. 118/2008/ND-CP of November 27, 2008, defining the functions, tasks, powers and organizational structure of the Ministry of Finance;
Pursuant to the Prime Minister's Directive No. 17/2007/CT-TTg of July 25, 2007, on enhanced management of assets of state-funded project management units;
The Finance Ministry provides the management and handling of assets of state-funded projects upon their completion as follows:
Chapter I GENERAL PROVISIONS
Article 1. Scope of regulation
1. This Circular provides the management and handling of assets of state-funded programs, schemes and projects (below collectively referred to as projects), including also projects funded by official development assistance (ODA) and foreign non-governmental aid belonging to state budget revenues, upon project completion.
This Circular does not apply to projects of economic organizations that receive funding and non-project asset supports from the state budget.
2. Assets of an uncompleted project which are neither usable nor necessary for project implementation shall be handled under this Circular.
3. When a specific document on ODA or foreign non-governmental aid provides otherwise, the handling of assets of a project upon its completion complies with that document.
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