Joint Circular No. 46/2002/TTLT-BTC-BCN dated May 21, 2002 of the Ministry of Finance and the Ministry of Industry guiding the method of determining the value, mode of and procedures for payment of money for the use of the state's data and information on mineral prospection and explo-ration results
THE MINISTRY OF FINANCE
THE MINISTRY OF INDUSTRY
SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
Hanoi , May 21, 2002
GUIDING THE METHOD OF DETERMINING THE VALUE, MODE OF AND PROCEDURES FOR PAYMENT OF MONEY FOR THE USE OF THE STATE'S DATA AND INFORMATION ON MINERAL PROSPECTION AND EXPLO-RATION RESULTS
Pursuant to the Government's Decree No.76/2000/ND-CP of December 15, 2000 detailing the implementation of the Mineral Law (amended);
Pursuant to the Government's Decree No.87/CP of December 19, 1996 and Decree No.51/1998/ND-CP of July 18, 1998 detailing the decentralization of State budget management, estimation, execution and settlement;
The Ministry of Finance and the Ministry of Industry hereby jointly guide the method of determining the value, mode of and procedures for payment of money for the use of the State’s data and information on mineral prospection and exploration results, as follows:
I. GENERAL PROVISIONS
1. The payment of money for the use of the State’s data and information on mineral prospection and exploration results (hereinafter called data) is aimed to recover the State capital already invested in the work of mineral prospection, search and exploration.
2. Organizations and individuals permitted to use data must pay money to the State according to the provisions of this Circular after the mines are put to exploitation. The payment shall be made as from the date the mineral exploitation permit is issued.
3. Data means all data already gathered and summed up in the process of searching, prospecting and exploring minerals in forms of solids, gases, mineral water or natural hot water (except for petroleum and natural water of other kinds), funded with State investment capital, which are reflected in the sum-up reports on the search, prospection and exploration work and accompanied with figures already approved by competent State bodies.
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