THE GOVERNMENT
Decree No. 206/2013/ND-CP of December 9, 2013, on management of debts of enterprises with 100% state-owned charter capital
Pursuant to the December 25, 2001 Law on Organization of the Government;
Pursuant to the November 29, 2005 Law on Enterprises;
At the proposal of the Minister of Finance,
The Government promulgates the Decree on management of debts of enterprises with 100% state-owned charter capital.
Chapter I
GENERAL PROVISIONS
Article 1. Scope of application
This Decree prescribes the management and handling of outstanding debts of enterprises with 100% state-owned charter capital.
Article 2. Subjects of application
1. This Decree applies to:
a/ Single-member limited liability companies with 100% state-owned charter capital and established under decisions of the Prime Minister or ministries, ministerial-level agencies and government-attached agencies (below referred collectively to as line ministries) or People’s Committees of provinces and centrally run cities (below referred to as provincial-level People’s Committees), including:
- Single-member limited liability companies being parent companies of economic groups; parent companies of state corporations; parent companies in the parent company-subsidiary company model.
- Independent single-member limited liability companies.
b/ Authorized representatives at enterprises with 100% state-owned charter capital and authorized representatives for state capital at enterprises.
c/ Agencies, organizations and individuals related to the management and handling of debts of enterprises.
