| THE GOVERNMENT No. 54/2015/ND-CP | THE SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness Hanoi, June 8, 2015 |
DECREE
Providing incentives for water conservation activities [1]
Pursuant to the December 25, 2001 Law on Organization of the Government;
Pursuant to the June 21, 2012 Law on Water Resources;
At the proposal of the Minister of Natural Resources and Environment,
The Government promulgates the Decree providing incentives for water conservation activities.
Chapter I
GENERAL PROVISIONS
Article 1. Scope ofregulation
This Decree provides capital borrowing and tax exemption and reduction incentives for water conservation activities.
Article 2. Subjects of application
This Decree applies to state agencies, organizations, households and individuals involved in water conservation activities within the territory of the Socialist Republic of Vietnam.
Article 3. Interpretation of terms
1. Water conservation means the application of measures and technologies to recirculate or reuse water, collect rainwater and turn brackish water and saline water into freshwater for use, or to reduce the water volume used for production, business and residential activities.
2. Water conservation product means a product, equipment or technology that consumes less water than the water consumption norm set by competent state agencies in the same activities and conforms with national technical regulations issued by competent state agencies.
[1] Công Báo Nos 611-612 (21/6/2015)