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Please Sign in your LuatVietnam account and sign up for the lookup software .| Issuing bodies: | Government | Effective date: | |
| Official number: | 78/2021/ND-CP | Signer: | Le Minh Khai |
| Legislation Type: | Decree | Expired date: | Updating |
| Issuing date: | 01/08/2021 | Effect: | |
| Fields: | Finance - Banking , Natural Resources - Environment |
Central Natural Disaster Prevention and Control Fund is prioritized for emergency relief in food, curative medicines
The Decree No. 78/2021/ND-CP on the setting up and management of Natural Disaster Prevention and Control Funds is issued on August 01, 2021 by the Government.
Accordingly, Natural Disaster Prevention and Control Funds are off-budget state financial funds. They have legal status, their own seals and may open accounts at state treasuries and commercial banks legally operating in Vietnam. The Central Natural Disaster Prevention and Control Fund is managed by the Ministry of Agriculture and Rural Development and provincial-level natural disaster prevention and control funds are managed by People's Committees of provinces and centrally-run cities.
The Central Fund Management Council has no more than 09 members, including: the Chairperson (the Minister of Agriculture and Rural Development), 02 Vice-Chairpersons and members who are appointed or approved by the chairperson of the Fund Management Council at the request of the Fund Management Agency. The Supervisory Board of the Central Fund has no more than 05 members, including the Head of the Supervisory Board, who is appointed or approved by the chairperson of the Fund Management Council at the request of the Fund Management Council, and its members.
Central Natural Disaster Prevention and Control Fund is used for relieving and supporting natural disaster response activities that are beyond the local response capacity; in which priority shall be given to emergency relief in food, drinking water, curative medicines and other essentials to those suffering from damage caused by natural disasters, supporting the repair of houses, health establishments and schools and for dealing with environmental sanitation issues in natural disaster-hit areas; supporting the remediation of natural disaster consequences for localities suffering from damage caused by natural disasters beyond their remediation capacity; supporting emergency projects for natural disaster prevention, control and remediation, etc.
This Decree takes effect on September 15, 2021.
For further details of the Decree 78/2021/ND-CP, Click here
