Chương V Thông tư 123/2015/TT-BTC: Điều khoản thi hành

Chapter V

IMPLEMENTARY PROVISIONS

Article 15. Effect

This Circular shall enter into force from October 1, 2015 and replace the Circular No. 213/2012/TT-BTC of the Ministry of Finance dated December 6, 2012 on providing guidance on foreign investment activities on Vietnam’s securities market.

Article 16. Implementation

1. Within a permitted period of six (06) months from the entry of this Circular into force, the Vietnam Securities Depository and depository members must perfect their system to organize the task of issuing securities transaction codes to foreign investors in accordance with provisions enshrined in this Circular.

2. Within a permitted period of six (06) months from the entry of this Circular into force, the grant of securities trading codes to foreign investors shall be carried out by the Vietnam Securities Depository on the basis of the set of documents prepared under the provisions of the Circular No. 213/2012/TT-BTC of the Ministry of Finance on providing guidance on operations of foreign investors on Vietnam's securities market or the set of documents prepared under the provisions of Clause 3 Article 4 hereof.

3. The State Securities Commission, the Vietnam Securities Depository, the Stock Exchange, securities trading organizations and depository members as well as related organizations or individuals shall be responsible for implementing this Circular.