THE GOVERNMENT
Decree No. 37/2013/ND-CP of April 22, 2013, amending and supplementing a number of articles of Decree No. 138/2007/ND-CP of August 28, 2007, on organization and operation of local development investment funds
Pursuant to the December 25, 2001 Law on Organization of the Government;
Pursuant to the November 26, 2003 Law on Organization of People’s Councils and Peoples’ Committees;
Pursuant to the December 16, 2002 Law on the State Budget;
Pursuant to the November 29, 2005 Law on Enterprises;
Pursuant to the June 16, 2010 Law on Credit Institutions;
At the proposal of the Minister of Finance,
The Government promulgates the Decree amending and supplementing a number of articles of Decree No. 138/2007/ND-CP of August 28, 2007, on organization and operation of local development investment funds (below referred to as Decree No. 138/2007/ND-CP).
Article 1. To amend and supplement a number of articles of Decree No. 138/2007/ND-CP as follows:
1. To amend Article 5 as follows:
“Article 5. Responsibilities of state management agencies
1. The Ministry of Finance shall:
a/ Assume the prime responsibility for, and coordinate with ministries and sectors in, submitting to the Government for promulgation mechanisms and policies on organization and operation of local development investment funds;
b/ Promulgate the model charter on organization and operation of local development investment funds;
c/ Promulgate accounting, financial management and reporting regimes applicable to local development investment funds.
2. The State Bank of Vietnam shall:
a/ Perform the state management of monetary and banking operations related to lending activities of local development investment funds;
b/ Coordinate with the Ministry of Finance in formulating policies on, and monitoring and evaluating, lending and investment activities of local development investment funds.
