Chương 8 Luật Kiểm toán độc lập 2011: Điều khoản thi hành

Chapter 8.

IMPLEMENTATION PROVISIONS

Article 62. Transfer provisions

1. Within two years from the effective date of this Law, the firms that provide audit services before the effective date of this Law ensuring the conditions in accordance with regulations of this Law shall be granted certificates of sufficient conditions for business of audit services.

2. Within three years from the effective date of this Law, those who have been granted certificates of auditors before the effective date of this Law are registered to practice audit in accordance with regulations of this Law without ensuring conditions on actual time working as auditors provided in point b clause 1 Article 15 of this Law.

3. One member liability limited auditing firms with the foreign investment established and operating in accordance with the law regulations before the effective date of this Law are allowed to operate in the form of one member limited liability Company until the expiry of the investment certificates or investment licenses.

Article 63. Effect

This Law takes effect on January 01, 2012.

Article 64. Specific provisions and guidance of implementation

The Government details and guides the implementation of the Articles, clauses assigned in the Law; guides the other necessary contents in this law to meet the State management requirements.

This Law is passed by the Legislature XII National Assembly of the Socialist Republic of Vietnam at its 9^th Session on March 29, 2011.