TO ANNUL THE TECHNICAL CONDITIONS FOR PRIZE-WINNING ELECTRONIC GAME MACHINES
On June 02, 2017, the Ministry of Finance issued the Circular No. 57/2017/TT-BTC amending and supplementing a number of articles under the Circular No. 11/2014/TT-BTC dated January 17, 2014 of the Ministry of Finance guiding some articles of the Decree No. 86/2013/ND-CP of July 29, 2013, on the business of prize-winning electronic games for foreigners.
The important content in this Circular is to annul the technical conditions for prize-winning electronic game machines. In previous regulations, the Circular 11/2014/TT-BTC prescribes strict regulations on technical characteristics of hardware, software, peripherals of the technical conditions for prize-winning electronic game machines.
Besides, this Circular also requires that an enterprise engaged in the business of prize-winning electronic games shall arrange business establishment in prize-winning electronic games, enterprises must have electronic equipment and cameras for constant monitoring and surveillance of all activities in the facility (24/24h), in which enterprises must ensure for monitoring. Images at positions specified at Clause 2 this Article must be fully stored in the minimum duration of thirty (30) days from the day of recording. In necessary case, time of storage may be prolonged at the request of competent state management agencies.
For fee for grant, re-grant, adjustment and extension of eligibility certificate for business, this Circular prescribes that the fees for grant is VND 150 million and the fee for re-grant and adjustment is VND 20 million. All these fees for grant, re-grant, adjustment and extension of eligibility certificate for the business are revenues of state budget.
This Circular takes effect on July 17, 2017
