Law on Thrift Practice and Waste Combat, Law No. 44/2013/QH13

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ATTRIBUTE Law on Thrift Practice and Waste Combat

Law No. 44/2013/QH13 dated November 26, 2013 of the National Assembly on Thrift Practice and Waste Combat
Issuing body: National Assembly of the Socialist Republic of VietnamEffective date:
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Official number:44/2013/QH13Signer:Nguyen Sinh Hung
Type:LawExpiry date:Updating
Issuing date:26/11/2013Effect status:
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Effect status: Known

THE PRESIDENT

Order No. 21/2013/L-CTN of December 9, 2013, on the promulgation of law
THE PRESIDENT OF THE SOCIALIST REPUBLIC OF VIETNAM
Pursuant to Articles 103 and 106 of the 1992 Constitution of the Socialist Republic of Vietnam, which was amended and supplemented in Resolution No. 51/2001/QH10 of December 25, 2001 of the Xth National Assembly, the 10th session;
Pursuant to Article 91 of the Law on Organization of the National Assembly;
Pursuant to Article 57 of the Law on Promulgation of Legal Documents,
PROMULGATES:
The Law on Thrift Practice and Waste Combat,
which was passed on November 26, 2013, by the XIIIth National Assembly of the Socialist Republic of Vietnam at its 6th session.
President of the Socialist Republic of Vietnam
TRUONG TAN SANG
 
Law on Thrift Practice and Waste Combat
(Law No. 44/2013/QH13)
Pursuant to the Constitution of the Socialist Republic of Vietnam;
The National Assembly promulgates the Law on Thrift Practice and Waste Combat.
Chapter I
GENERAL PROVISIONS
Article 1. Scope of regulation
This Law provides the thrift practice and waste combat in:
1. The management and use of state budget, state capital, state property, labor and working time in the state sector;
2. The management, exploitation and use of resources;
3. Production, business and consumption activities of organizations, households and individuals.
Article 2. Subjects of application
1. Agencies, organizations and individuals managing or using state budget, state capital, state property, labor and working time in the state sector.
2. Agencies, organizations, households and individuals managing, exploiting and using resources.
3. Other organizations, households and individuals.
Article 3. Interpretation of terms
In this Law, the terms below are construed as follows:
1. Thrift means the reduction of waste in the use of capital, property, labor, working time and resources while the set targets are still achieved. For the management and use of state budget, state capital, state property, labor and working time in the state sector and resources in the fields where the norms, criteria and regimes issued by competent state agencies are available, thrift means the use thereof at levels lower than such norms, criteria and regimes while the set targets are still achieved or the use thereof in conformity with the norms, criteria and regimes but the achievements are higher than the set targets.
2. Waste means the inefficient management and use of capital, property, labor, working time and resources. For fields where the norms, criteria and regimes issued by competent state agencies are available, waste means the management and use of state budget, state capital, state property, labor and working time in the state sector and resources in excess of the norms, criteria and regimes or the set targets are not achieved.

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