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Guiding the implementation of the Prime Minister’s Decision No. 69/2001/QD-TTg of May 3, 2001 on the sale of preferred stocks of industrial processing enterprises to raw materials growers and sellers

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THE MINISTRY OF FINANCE
 
No: 96/2001/TT-BTC
 
SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
----- o0o -----
Ha Noi , Day 23 month 11 year 2001

CIRCULAR No

CIRCULAR No. 96/2001/TT-BTC of November 23, 2001 guiding the implementation of the Prime Minister’s Decision No. 69/2001/QD-TTg of May 3, 2001 on the sale of preferred stocks of industrial processing enterprises to raw materials growers and sellers

Individuals and peasant households, that undertake the land use contracts according to the State’s regulations on agricultural and forestry production, directly produce agricultural and/or forestry products and sell them to industrial processing enterprises shall be allowed to buy stocks at preferential prices when such enterprises conduct the equitization.

Equitized State enterprises allowed to sell shares at preferential prices to raw materials growers and sellers are those which directly use agricultural and/or forestry products in their production activities.

The Circular also specifies the preferential regimes and the determination of stocks to be sold at preferential prices.- (Summary)


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