Chương IX Luật Quản lý, sử dụng vốn Nhà nước đầu tư vào sản xuất, kinh doanh tại doanh nghiệp 2014: Khen thưởng và xử lý vi phạm

Chapter IX

REWARD AND HANDLING OF VIOLATIONS

Article 62. Reward

1. Any organization or individual fulfilling the following tasks shall be rewarded:

a) Meet objectives and targets for investment, management and utilization of state capital in enterprises;

b) Exceed agreed objectives; invent essential measures and initiatives for management and utilization of capital and assets of the enterprise;

c) Promptly detect and take controlling measures against misuse and mismanagement of state capital and the enterprise's capital and assets.

2. Funding for commendation and reward shall come from:

a) Reward or bonus sum stipulated by the law on competitive efforts and rewards;

b) Different reserve funds used for conferring rewards and bonuses to employees, enterprise’s managers and auditors.

Article 63. Violation settlement

Regulatory bodies, organizations and individuals who commit violations against regulations laid down in this Law, depending on the nature and severity of such violations, shall be subject to administrative penalties or liable to a criminal prosecution; if any damage is caused, proper compensation must be paid in accordance with laws.