THE GOVERNMENT
Decree No. 30/2012/ND-CP of April 12, 2012, on the organization and operation of social funds and charity funds
Pursuant to the December 25, 2001 Law on Organization of the Government;
Pursuant to the June 14, 2005 Civil Code;
At the proposal of the Minister of Home Affairs;
The Government promulgates the Decree on organization and operation of social funds and charity funds.
Chapter I
GENERAL PROVISIONS
Article 1. Scope of regulation and subjects of application
1. This Decree provides the organization and operation of social funds and charity funds (below collectively referred to as funds) established in Vietnam.
2. This Decree applies to:
a/ Vietnamese citizens and organizations involved in the establishment of funds;
b/ Foreign citizens and organizations contributing assets with Vietnamese citizens and organizations to establish funds.
3. This Decree does not apply to funds for which separate regulations have been promulgated.
Article 2. Organization and operation purposes of funds
Funds are organized and operate on a not-for-profit basis for the purpose of supporting and promoting the development of culture, education, healthcare, physical training, sports, science, and charitable and humanitarian activities as well as community development.
Article 3. Interpretation of terms
In this Decree, the terms below are construed as follows:
1. Fund means a non-governmental organization established from certain assets voluntarily donated by individuals or organizations or established under a contract or testament or through a donation, which has the organization and operation purpose as specified in Article 2 of this Decree,
