| THE GOVERNMENT No. 95/2014/ND-CP | THE SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom – Happiness Hanoi, October 17, 2014 |
Decree
On investment in, and the financial mechanism applicable to, scientific and technological activities
Pursuant to the December 25, 2001 Law on Organization of the Government;
Pursuant to the June 18, 2013 Law on Science and Technology;
At the proposal of the Minister of Science and Technology;
The Government promulgates the Decree on investment in, and the financial mechanism applicable to, scientific and technological activities.
Chapter I
GENERAL PROVISIONS
Article 1. Scope of regulation
This Decree details and guides the implementation of Articles 52, 53, 54, 58 and 63 of the Law on Science and Technology regarding investment in, and financial mechanism applicable to, scientific and technological activities, some necessary contents on state budget estimation and expenditures on scientific and technological activities, and state management of science and technology development funds.
Article 2. Subjects of application
This Decree applies to state agencies, organizations and individuals involved in scientific and technological activities and other related organizations and individuals.
Article 3. Interpretation of terms
In this Decree, the terms below are construed as follows:
1. Fund assignment means the grant of financial autonomy in the use of funding amounts approved by competent agencies in connection with the responsibility for guaranteeing results of assigned tasks according to set objectives and requirements to organizations and individuals in charge of scientific and technological tasks.
2. Saved amount means the difference between the total estimated fund already approved for a scientific or technological task and the total actually paid amount calculated after the scientific or technological task is completed and assessed upon the acceptance test by the scientific or technological-managing authority as “pass” or higher level.
3. Final product means the product turned out by a scientific or technological task, which is approved by the agency competent to manage the scientific or technological task and stated in the contract on the performance of the scientific or technological task.
[1] Công Báo Nos 965-966 (01/11/2014)
