Circular 66/1999/TT-BTC

CIRCULAR No. 66/1999/TT-BTC of June 7, 1999 guiding the elaboration of and amendment to the Financial Regulation applicable to the State corporations

The Ministry of Finance issued the "Model Financial Regulation applicable to the State corporations" together with Decision No.838/TC/QD/TCDN of August 28, 1996 and Decision No.995/TC/QD-TCDN of November 1st, 1996 on the "amendments and supplements to the Model Financial Regulation" which serve as basis for the State corporations to elaborate their own financial management regulations. To make them conform to the Government�s Decree No.27/1999/ND-CP of April 20, 1999 on the amendments and supple-ments to the Regulation on financial management and cost-accounting applicable to the State enterprises issued together with the Government�s Decree No.59/CP of October 3, 1996, the Ministry of Finance guides the elaboration of and amendments to the Financial Regulation applicable to the State corporations, as follows:

- State corporations that have already issued their own financial regulations shall base themselves on the Government�s Decree No.27/1999/ND-CP and the Ministry of Finance�s documents guiding such Decree, to amend and supplement their financial regulations, making them conpatible with the new regulations.

- State corporations that have not yet issued their own financial regulations shall base themselves on the Regulation on financial management and cost-accounting issued together with Decree No.59/CP, Decree No.27/1999/ND-CP, the Model Financial Regulation applicable to corporations and the Ministry of Finance�s guiding documents to elaborate their own financial regulations.- (Summary)