Chương 10 Luật doanh nghiệp nhà nước 2003: Khen thưởng và xử lý vi phạm

Chapter X

COMMENDATION AND HANDLING OF VIOLATIONS

Article 91.- Commendation

Organizations, individuals and State companies, that record outstanding achievements in business, raising the efficiency and competitiveness of the companies, making great contributions to national construction, defense and development shall be commended and/or rewarded according to law provisions.

Article 92.- Handling violations committed by State companies or economic organizations

1. Those State companies which commit the following acts of violation shall, depending on the nature and seriousness of their violations, be suspended from operation or administratively sanctioned according to law provisions:

a) Setting up State companies not according to the provisions of this Law;

b) Failing to make business registration, doing business not in accordance with the registered lines or without permission of competent State bodies;

c) Failing to implement the tasks and objectives prescribed by the State;

d) Seriously violating other provisions of this Law.

2. Economic organizations operating in the name of State company without establishment decisions shall be suspended from operation and have their property confiscated and remitted into the State budget.

Article 93.- Handling of violations committed by individuals

Individuals who commit the following acts of violation shall, depending on the nature and seriousness of their violations, be disciplined, administratively sanctioned or examined for penal liability; if causing damage, they must pay compensations therefor according to law provisions:

1. Failing to fulfill their responsibilities and powers authorized by owners of State companies or making erroneous decisions which cause damage to the companies;

2. Deciding to set up State companies not in accordance with the prescribed procedures and order or ultra vires, showing irresponsibility in appraising the establishment thereof, thus leading to inefficient operations of the companies;

3. Failing to properly implement the policies towards laborers in the State companies;

4. Interfering in affairs which fall under the jurisdiction of the companies; harassing companies, requesting companies to provide resources not prescribed by law;

5. Violating other provisions of this Law.