06 EXPENSES EXCLUDED FROM OPERATION EXPENSE OF CREDIT GUARANTEE FUNDS
Decision No. 15/2019/TT-BTC on providing instructions for financial management and operation assessment of credit guarantee funds for small and medium-sized enterprises is issued by the Ministry of Finance on March 18, 2019.
Accordingly, there are 06 expenses shall not be included in the operating expenses of the credit guarantee funds. These are:
- Damages already supported by the State or compensated by insurance agencies or damage-causing parties.
- Payment of fines due to administrative violations, including: Violating traffic laws, violating the law on accounting and statistics and other administrative violations according to provisions under law.
- Expenses without invoices or invalid and legal vouchers.
- Expenses covered by other funding sources.
- Supporting expenditures for local areas, social organizations, and other agencies.
- Expenses in excess of the norms prescribed in this Circular and other relevant legal documents.
In addition, this Circular also regulates on Operating capital, Management and use of capital, Handling losses of assets, Income, Expenses…of the credit guarantee funds.
This Circular takes effect from June 01, 2019.
