Chương VII Nghị định 149/2005/NĐ-CP: Điều khoản thi hành

Chapter VII

IMPLEMENTATION PROVISIONS

Article 27.- Implementation effect

1. This Decree takes effect as from January 1, 2006.

2. To annul the Government’s Decree No. 54-CP of August 28, 1993 and Decree No. 94/1998/ND-CP of November 17, 1998, detailing the implementation of the Law on Import Tax and Export Tax, Article 26 of the Government’s Decree No. 51/1999/ND-CP of July 8, 1999, detailing the implementation of the Law on Domestic Investment Promotion; Article 57, 58 and 59 of the Government’s Decree No. 24/2000/ND-CP of July 31, 2000, detailing the implementation of the Law on Foreign Investment in Vietnam; Clause 10 and Clause 11, Article 1 of the Government’s Decree No. 27/2003/ND-CP of March 19, 2003, amending and supplementing a number of articles of the Government’s Decree No. 24/2000/ND-CP of July 31, 2000; Articles 54, 56, 57 and 58 of the Government’s Decree No. 48/2000/ND-CP of September 12, 2000, detailing the implementation of the Petroleum Law; Article 6 of the Government’s Decree No. 119/1999/ND-CP of September 18, 1999, on a number of financial policies and regimes to encourage enterprises to invest in scientific and technological activities; Clauses 1, 2, 3, and 4, Article 5 of the Regulation on investment under build-operate-transfer contracts, build-transfer-operate contracts, and build-transfer contracts, applicable to foreign investment projects in Vietnam, issued together with the Government’s Decree No. 62/1998/ND-CP of August 15, 1998.

3. Projects entitled to investment incentives, which have already been granted investment licenses or investment preference certificates with import tax and/or export tax preferences higher than the levels defined in this Decree, shall continue enjoying those preferences for the remaining period of time; where the investment licenses or investment preference certificates stipulating import tax or export tax preferences lower than those provided for in the Decree, the preferential levels provided for in this Decree shall apply for the remaining period of preferential treatment.

4. Regulations on special preferential import tax rates which are issued before the effective date of this Decree and compliant with agreements signed between Vietnam and other countries shall still apply. If there is any change, the Ministry of Finance shall base itself on the provisions of Point b, Clause 1, Article 11 of this Decree to promulgate specific special preferential import tax rates.

Article 28.- The Ministry of Finance shall guide the implementation of this Decree.

Article 29.- Ministers, heads of ministerial-level agencies and government-attached agencies, presidents of provincial/municipal People’s Committees shall have to implement this Decree.