Decree No. 121/2020/ND-CP amending the Decree No. 91/2015/ND-CP

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ATTRIBUTE

Decree No. 121/2020/ND-CP dated October 09, 2020 of the Government on amending and supplementing Clause 2, Article 12 of the Government’s Decree No. 91/2015/ND-CP dated October 13, 2015 on investment of state capital in enterprises and management and use of capital and assets at enterprises, amended an supplemented by Clause 5, Article 1 of the Government’s Decree No. 32/2018/ND-CP dated March 08, 2018 on amending and supplementing a number of articles of the Government’s Decree No. 91/2015/ND-CP
Issuing body: GovernmentEffective date:
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Official number:121/2020/ND-CPSigner:Nguyen Xuan Phuc
Type:DecreeExpiry date:Updating
Issuing date:09/10/2020Effect status:
Known

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Fields:Enterprise , Finance - Banking , Investment

SUMMARY

One more group of enterprises continuously invested by the State to maintain its shareholding

On October 09, 2020, the Government promulgates the Decree No. 121/2020/ND-CP on amending and supplementing Clause 2, Article 12 of the Decree No. 91/2015/ND-CP on investment of state capital in enterprises and management and use of capital and assets at enterprises, amended an supplemented by Clause 5, Article 1 of the Decree No. 32/2018/ND-CP on amending and supplementing a number of articles of the Decree No. 91/2015/ND-CP.

Accordingly, to supplement 01 group of enterprises continuously invested by the State to maintain its shareholding. These enterprises are joint stock commercial banks with more than 50% of charter capital held by the State.

This Decree takes effect on the signing date.

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Effect status: Known

THE GOVERNMENT

______

 

No. 121/2020/ND-CP

THE SOCIALIST REPUBLIC OF VIETNAM

Independence– Freedom – Happiness

____________________

Hanoi, October 09, 2020

 

 

DECREE

On amending and supplementing Clause 2, Article 12 of the Government’s Decree No. 91/2015/ND-CP dated October 13, 2015 on investment of state capital in enterprises and management and use of capital and assets at enterprises, amended an supplemented by Clause 5, Article 1 of the Government’s Decree No. 32/2018/ND-CP dated March 08, 2018 on amending and supplementing a number of articles of the Government’s Decree No. 91/2015/ND-CP

_______________

 

Pursuant to the Law on Organization of the Government dated June 19, 2015;

Pursuant to the Law on Management and Use of State Capital Invested in Production and Business at Enterprises dated November 26, 2014;

Pursuant to the Law on Enterprises dated November 26, 2014;

Pursuant to the Law on Investment dated November 26, 2014;

Pursuant to the Law on Public Investment dated June 13, 2019;

Pursuant to the Law on Securities dated June 29, 2006; the Law on amending and supplementing a number of Articles of the Law on Securities dated November 24, 2010;

Pursuant to the Law on Land dated November 29, 2013;

At the proposal of the Minister of Finance;

The Government promulgates the Decree on amending and supplementing Clause 2, Article 12 of the Government’s Decree No. 91/2015/ND-CP dated October 13, 2015 on investment of state capital in enterprises and management and use of capital and assets at enterprises, amended an supplemented by Clause 5, Article 1 of the Government’s Decree No. 32/2018/ND-CP dated March 08, 2018 on amending and supplementing a number of articles of the Government’s Decree No. 91/2015/ND-CP.

 

Article 1.Supplementing Clause 2, Article 12 of the Government’s Decree No. 91/2015/ND-CP dated October 13, 2015 on investment of state capital in enterprises and management and use of capital and assets at enterprises, amended an supplemented by Clause 5, Article 1 of the Government’s Decree No. 32/2018/ND-CP dated March 08, 2018 on amending and supplementing a number of articles of the Government’s Decree No. 91/2015/ND-CP with the following contents:

“h) Banking sector, being applicable for joint stock commercial banks with more than 50% of charter capital held by the State.”

Article 2. Implementation provision

1. This Decree takes effect on the signing date.

2. Ministers, Heads of ministerial-level agencies, Heads of government-attached agencies, Chairpersons of People’s Committees of provinces and central affiliated cities, Members’ Councils of parent companies of economic groups, state corporations, state enterprises, state capital representatives shall take responsibilities for the implementation of this Decree./.

 

 

FOR THE GOVERNMENT

THE PRIME MINISTER

 

 

 

Nguyen Xuan Phuc

 

 

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SAME CATEGORY

Circular No. 80/2020/TT-BTC dated September 03, 2020 of the Ministry of Finance guiding methods of sending reports by credit rating enterprises or makers of the market of the Government’s debt instruments specified in the Government’s Decree No. 88/2014/ND-CP of September 26, 2014, on credit rating services, and the Government’s Decree No. 95/2018/ND-CP of June 30, 2018, prescribing the issuance, registration, depositing, listing and trading of the Government’s debt instruments on the securities market

Circular No. 80/2020/TT-BTC dated September 03, 2020 of the Ministry of Finance guiding methods of sending reports by credit rating enterprises or makers of the market of the Government’s debt instruments specified in the Government’s Decree No. 88/2014/ND-CP of September 26, 2014, on credit rating services, and the Government’s Decree No. 95/2018/ND-CP of June 30, 2018, prescribing the issuance, registration, depositing, listing and trading of the Government’s debt instruments on the securities market

Enterprise , Finance - Banking , Securities

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