Chapter I

GENERAL PROVISIONS

Article 1. Scope of application

1. This Decree sets out specific regulations on implementation of the Law on State Budget concerning certain particular financial - budget systems and policies tailored for Ho Chi Minh city.

2. Other financial – budget systems and policies that are not covered under this Decree shall be subject to regulations laid down in the Law on State Budget and other Government’s Decrees prescribing specific instructions for implementation of the Law on State Budget.

Article 2. Subjects of application

1. State regulatory authorities, political organizations, socio-political organizations, socio-professional political organizations, social organizations, socio-professional organizations and public service providers that use Ho Chi Minh city’s locally-controlled state budget.

2. Other organizations or individuals involved in Ho Chi Minh city’s financial and budget activities.

Article 3. Sources of revenue and budget of expenditures of Ho Chi Minh city

1. The mandate for sources of revenue and budget of expenditures of Ho Chi Minh city shall be subject to the provisions of the Law on State Budget, the resolution passed by Ho Chi Minh city People’s Council in response to the petition from Ho Chi Minh city People’s Committee on the mandate for sources of revenue and budget of expenditures to specific budget authorities of subdivisions of Ho Chi Minh city (urban districts, suburban districts, wards, commune-level towns or communes) in accordance with the Law on State Budget; match practical conditions and demands for socio-economic development, national defence, security, social order and safety within Ho Chi Minh city.

2. Based on the government’s annual budget mandated by the Prime Minister and implemented under the guidance of the Ministry of Finance, Ho Chi Minh city People’s Committee shall petition Ho Chi Minh city People's Council to make its decision on the city’s budget of estimated revenues and expenditures; allocation of collecting and spending duties to the city’s specific budget subdivisions; supplementary amount of revenues and expenditures allocated from the city’s budget to its budget subdivisions provided that this matches the city’s socio-economic development requirements and conforms to the overall strategy for the state budget.

3. The distribution ratio (%) of revenues of the central budget to these of the city’s budget shall be subject to the resolution of the National Assembly. The distribution ratio (%) of revenues of the central budget to these of the city’s budget shall be fixed for a period of 05 years, coincide with the 5-year period of socio-economic development or otherwise subject to the National Assembly’s resolution.