Thông tư 76/TC-ĐTPT

Circular No.76-TC/DTPT of November 1st, 1997 guiding the management and allocation of capital for the investment in capital construction from district and commune budgets.

The capital sources for investment in capital construction from the district and commune budgets, according to the assignment of budget management responsibilities by the People�s Committees of the provinces and cities directly under the Central Government, shall be managed and allocated by the district financial sections and commune financial boards and settled by the district State treasuries in accordance with current regulations.

The People�s Committees of districts and communes and owners of investment projects funded by district and commune budgets shall have to observe the State�s regulations on investment and construction; use investment capital for right purposes and in an economical and efficient manner; observe the State�s financial management policies and regimes on the capital construction investment and this Circular�s provisions on the management and allocation of investment capital for capital construction.

This Circular provides detailed guidance on the determination of investment guidelines and the elaboration of investment capital plans; the capital sources and capital allocation; the annual final account settlement and final account settlement upon completion of projects; the regime of briefing, reporting and inspection; and the responsibilities of the concerned agencies.- (Summary)