Directive 02/1999/CT-TTg

The Prime Minister instructs:

- The heads of the State management agencies, non-business agencies, political organizations, socio-political organizations, social organizations, socio-professional organizations (collectively referred to as the administrative and non-business agencies for short) shall base themselves on the result of inventory and re-assessment of fixed assets on 0.00 hour of January 1^st, 1998 to account their assets strictly according to the current administrative and non-business accounting regime; register with the finance agency the State�s assets being houses, land, other construction projects associated with land, transport means and other fixed assets of great value; promptly report to the competent State agencies for dealing with assets which are used neither for the right purposes nor according to the standards and norms prescribed by the State, unused assets and those which can no longer be used.

- The ministers, the heads of the ministerial-level agencies, the agencies attached to the Government and the central-level mass organizations, the presidents of the People�s Committees of the provinces and centrally-run cities shall have to deal with and report the result of the dealing with post-inventory fixed assets by their respective ministries, branches and localities to the Ministry of Finance; determine the investment and asset procurement demands of the administrative and non-business agencies and units under their respective management in strict accordance with regulations, then incorporate them in the annual State budget estimates; and direct and inspect the management and use of fixed assets of the administrative and non-business agencies and units under their management.- (Summary)