| THE GOVERNMENT ------- | SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness ------------ |
| No: 49/2002/ND-CP | Hanoi, April 24, 2002 |
DECREE
AMENDING AND SUPPLEMENTING A NUMBER OF ARTICLES OF THE GOVERNMENT�S DECREE No. 103/1999/ND-CP OF SEPTEMBER 10, 1999 ON ASSIGNING, SELLING, BUSINESS CONTRACTING OR LEASING STATE ENTERPRISES
THE GOVERNMENT
Pursuant to the Law on Organization of the Government of December 25, 2001;
Pursuant to the State Enterprise Law of April 20, 1995;
At the proposal of the Minister of Planning and Investment,
DECREES:
Article 1.- To amend and supplement a number of articles of the Government’s Decree No. 103/1999/ND-CP of September 10, 1999 on assigning, selling, business contracting or leasing State enterprises as follows:
1. Clause 1 of Article 2 is amended as follows:
"1. This Decree prescribes the assignment, sale, business contracting or lease of an entire enterprise, applicable to independent State enterprises and independent-accounting member enterprises of corporations, where the State capital recorded in their respective accounting books in under VN dong 5 billion and the State needs not to hold shares or which can not be equitized."
2. To add Clause 19 to Article 3 as follows:
"19. Enterprises where the State needs not to hold shares or which can not be equitized mean one of the following types of enterprises:
a/ Enterprises classified under the structuring general plan, approved by the Prime Minister, as enterprises where the State shall not hold any percentage of capital and where no equitization measures can be applied.
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