THE STATE BANK
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
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No: 516/2003/QD-NHNN
Hanoi, May 26, 2003
 DECISION
PROMULGATING THE REGULATION ON ORGANIZATION AND OPERATION OF THE MANAGING BOARDS, CONTROL BOARDS AND GENERAL DIRECTORS (DIRECTORS) OF NON-BANK CREDIT INSTITUTIONS
THE STATE BANK GOVERNOR
Pursuant to Vietnam State Bank Law No. 01/1997/QH10 and Credit Institutions Law No. 02/1997/QH10 of December 12, 1997;
Pursuant to Enterprises Law No. 13/1999/QH10 of June 12, 1999;
Pursuant to the Government’s Decree No. 86/2002/ND-CP of November 5, 2002 defining the functions, tasks, powers and organizational structures of the ministries and ministerial-level agencies;
Pursuant to the Government’s Decree No. 16/2001/ND-CP of May 2, 2001 on organization and operation of financial-leasing companies;
Pursuant to the Government’s Decree No. 79/2002/ND-CP of October 4, 2002 on organization and operation of financial companies;
At the proposal of the director of the Department for Banks and Non-Bank Credit Institutions,
DECIDES:

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Article 1.- To promulgate together with this Decision the Regulation on organization and operation of the Managing Boards, Control Boards and General Directors (Directors) of non-bank credit institutions.
Article 2.- This Decision takes effect 15 days after its publication in the Official Gazette and replaces the previous regulations on organization and operation of the Managing Boards, Control Boards and General Directors (Directors) of non-bank credit institutions.
 

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