Decree No. 01/2002/ND-CP dated January 03, 2002 of the Government amending and supplementing a number of articles of the Government’s Decree No. 01/CP dated January 3, 1996 on sanctions against administrative violations in the field of trade

THE GOVERNMENT -------	SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness ------------
No: 01/2002/ND-CP	Hanoi, January 03, 2002

DECREE

AMENDING AND SUPPLEMENTING A NUMBER OF ARTICLES OF THE GOVERNMENT’S DECREE No. 01/CP OF JANUARY 3, 1996 ON SANCTIONS AGAINST ADMINISTRATIVE VIOLATIONS IN THE FIELD OF TRADE

THE GOVERNMENT

Pursuant to the Law on Organization of the Government of September 30, 1992;

Pursuant to the Commercial Law of May 23, 1997;

Pursuant to the Enterprise Law of June 26, 1999;

Pursuant to the Ordinance on Handling of Administrative Violations of July 6, 1995;

At the proposal of the Trade Minister,

DECREES:

Article 1.- To amend and supplement a number of articles of the Government’s Decree No.01/CP of January 3, 1996 on sanctions against administrative violations in the field of trade (hereinafter referred to as Decree No.01/CP) as follows:

1. To add Point e to Clause 2, Article 1 as follows:

e/ Violations of regulations on goods labeling and goods stamps.

2. To amend and supplement Article 4 as follows:

Article 4.- Sanctioning of the violations of regulations on business registration applicable to enterprises or branches and/or representative offices of enterprises engaged in trading business

1. A warning or a fine of between VND 100,000 and 500,000 shall be imposed for one of the following violations:

a/ Failing to keep the business registration certificates, the representative office or branch-setting up or operation registration certificates at the registered business head offices;

b/ Failing to report the loss of business registration certificates, representative office or branch-setting up or operation registration certificates or valid copies thereof to the agencies that have granted such business registration certificates or setting up or operation registration certificates.

2. A fine of between VND 200,000 and 1,000,000 shall be imposed for acts of temporarily ceasing business operation without notifying such to the agencies that have granted business registration certificates or terminating business operation without declaring it for deletion of the enterprise’s name from the name registry as prescribed.

3. A fine of between VND 1,000,000 and 3,000,000 shall be imposed for acts of leasing or lending business registration certificates or representative office or branch-setting up or operation registration certificates.

Click Download to see full text