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The Decision 243/2006/qd-Ttg Dated: Functions, Tasks, Powers And Organisational Structure Of The Committee On The Overseas Vietnam Ministry Of Foreign Affairs

Original Language Title: Quyết định 243/2006/QĐ-TTg: Quy định chức năng, nhiệm vụ, quyền hạn và cơ cấu tổ chức của Ủy ban về người Việt Nam ở nước ngoài trực thuộc Bộ Ngoại giao

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Decision on the establishment of the Fund to support cooperative development _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ the PRIME MINISTER pursuant to the law on organization of the Government of 25 December 2001;
Pursuant to the law on cooperatives of 26 November 2003;
Pursuant to Decree No. 88/2005/NĐ-CP on 11 July 2005 by the Government on a number of policy support, encourage the development of cooperatives;
According to the recommendation of the Minister of finance, Decisions 1. Foundation cooperative development assistance to support the innovation activities of product development; innovation, engineering and technology development; market development, expand product sales; building and scaling the cooperative model, the new cooperative, the cooperative model of typical advanced.
Article 2. The legal status of the Fund to support cooperative development 1. The Fund supports the cooperative development is State financial institutions. The Foundation has legal personality, there is capital, has a balance sheet accountant, seal, opened the account in the State Treasury and commercial banking. Vietnam cooperatives Alliance communication management and the governing body of the Fund to support cooperative development.
2. Name: Foundation for cooperative development. English name: Co-operative Assistance Fund (CAF).
3. The headquarters of the Foundation for cooperative development in Hanoi.
Article 3. The method of operation of the Fund to support cooperative development 1. Mobilize and receiving voluntary contribution of cooperatives, cooperative association, the domestic and external financial resources in accordance with the law of Vietnam to generate funding to support the development of cooperatives and cooperative Nations.
2. Supports the activities of the cooperatives, cooperative Nations through the method: a) investment;
b) support has refunded the original capital.
3. Receive and administer funding mandate from organizations, individuals and foreign investment to aid or funding for activities, cooperative development mission.
4. used idle capital not derived from the State budget to buy government bonds under the provisions of the laws and regulations of the Statute of the Organization and operation of the Fund to support cooperative development.
Article 4. The scope of the support Fund to support cooperative development 1. Support innovation activities in product development, innovation, engineering and technology development of the cooperative, the Cooperative Union.
2. Support for the activities of market development organizations, expand product sales for the cooperative, the Cooperative Union.
3. support to build, grow and multiply the cooperative model, the new cooperative association and the typical cooperative model.
Article 5. The Fund's capital to support cooperative development 1. The Fund's capital is 100 (one hundred) billion due to State budget-level since the Fund commenced operations. The adjustment, additional capital of the Fund because the prime consideration, decided on the basis of proposals of the Vietnam cooperatives Union and the Finance Ministry.
2. active Capital from other sources: a) The account due to the cooperative, the Cooperative Association of voluntary contributions;
b) The voluntary contributions of organizations and individuals in and outside the country;
c) grants, funding of organizations and individuals in and outside the country;
d) which had received the mandate from the Organization, individuals in and outside the country for the cooperative development sector;
DD) Which from the programs, domestic and foreign projects to support cooperative development, cooperatives;
The other capital account e) under the provisions of the law.
Article 6. Management and administration of the Fund to support cooperative development include the Management Board, supervisory board and the Executive apparatus. The duties and powers of the Management Board, supervisory board and the Executive support cooperative development are defined in terms of organization and operation of the Fund.
Article 7. The Management Board of the Fund to support cooperative development 1. The Board of Trustees has 11 members including: President of the Board of Trustees is a leader of the Vietnam cooperatives Alliance; 4 members are representatives of the Ministry of finance, the Ministry of planning and investment, Vietnam's State Bank and Director of the Fund. Chairman of the Vietnam cooperatives Alliance decision appointing, dismissing the Chairman and the members of the Board of Trustees to support cooperative development.
2. The Board of Trustees works in part-time mode and enjoy the mode according to the regulations of the State.
Article 8. The Control Board of the Foundation for Cooperative Development Fund Control Board has 11 members. Head of control by the Board of Trustees appointed and dismissed. Control Committee members by the Board of management decided to follow the recommendation of the head of supervisory board.
Article 9. The Fund operating cooperative development assistance 1. The business executives of the Fund to support cooperative development include the Director, the Deputy Director, Chief Accountant and parts to help.
2. The Chairman of the Vietnam cooperatives Alliance appointed, dismissed the Director of the Fund to support cooperative development.
3. The Deputy Executive Director and chief accountant by the Director of the Foundation for development of cooperative management boards proposal to appoint or recall.
4. the parts of the professional Executive by the Board of Trustees decided to set up, dissolved on the basis of the proposal of the Director of the Fund.

Article 10. Financial rules for the operation of the Fund to support cooperative development 1. No activity for the purpose of profit, preserve capital and offset the costs of management.
2. With regard to the method of support is enough original capital refund: a) appropriate financial resources of the Fund;
b) time limit for refundable aid must not exceed 3 years;
c) levels of support a maximum of 80% of the cost of implementation.
3. With regard to the method for the loan: a loan interest rate) guaranteed to offset the cost of management and prevent risks arise;
b the maximum loan Level) with 80% of the total investment of the project;
c) maximum loan term is 5 years;
d) secured loan: in specific cases the Foundation developed the cooperative decided to form of secured loan and must bear responsibility according to the provisions of the law.
Article 11. Terms of implementation 1. This decision has the effect after 15 days from the date The report.
2. The Chairman of the Vietnam cooperatives Alliance, President of the Board of management and Director of the Foundation for cooperative development is responsible for implementation of this decision.
3. The Ministry of finance is responsible for: a) approved the Charter of organization and activities of the Fund to support cooperative development consistent with this decision and the applicable regulations of the State;
b) specified interest rate lenders match each period;
c) issued financial management mechanisms and functions of State financial management for Funds to support cooperative development.
4. Ministry of planning and investment, Vietnam's State Bank has responsibility for governance activities of the Fund to support cooperative development in accordance with the law.
5. Ministers, heads of ministerial agencies, heads of government agencies, the Chairman of people's Committee of the central cities, is responsible for the implementation of this decision.