Thông tư 22/2016/TT-BTC

CIRCULAR

REGULATIONS, TERMS, SCHEDULES OF PREMIUMS AND LIMITS OF LIABILITY OF COMPULSORY CIVIL LIABILITY INSURANCE OF MOTOR VEHICLE OWNERS

Pursuant to the Government’s Decree No. 103/2008/NDD-CP on compulsory civil liability insurance of motor vehicle owners;

Pursuant to the Government’s Decree No. 214/2013/NDD-CP amending and supplementing a number of articles of the Decree 103/2008/NDD-CP on compulsory insurance of motor vehicle owners;

Pursuant to the Government's Decree No. 215/2013/NDD-CP dated December 23, 2013 defining the functions, tasks, entitlements and organizational structure of the Ministry of Finance;

At requests of the Directors of the Agency for Issuance Supervisory and Management;

The Minister of Finance issues this Circular stipulating regulations, terms, schedules of premiums and limits of liability of the compulsory civil liability insurance of motor vehicle owners.

Chapter I

GENERAL PROVISIONS

Article 1. Scope

This Circular provides regulations, terms, schedule of premiums and limits of liability of compulsory civil liability insurances (hereinafter referred to as “compulsory insurance”) of motor vehicle owners.

Article 2. Regulated entities

1. Motor vehicle owners traveling on road within the territory of Vietnam.

2. Insurance companies (hereinafter referred to as “insurer”) permitted to provide the compulsory insurance for motor vehicle owners under regulations of laws.

3. Other relevant entities.

Article 3. Interpretation

1. “Insurer” refers to every companies that is incorporated and lawfully provide insurances in Vietnam and is licensed to provide compulsory insurances for motor vehicle owners under regulations of laws.

2. “Motor vehicle owner” refers to every entity that legally possesses or permitted to possess, use or drive motor vehicles by motor vehicle owners.

3. “Motor vehicle” refers to any motor car, tractor, construction vehicle, vehicle for agricultural or forestry uses and other types of military vehicles for the use of national security and defense (including trailers and semi-trailers pulled by motor cars or tractors), motor tricycle, motorbike not exceeding 50cc and the like (including vehicles for the disabled) on public road.

4. “Passenger” refers to everybody who is carried under contracts of carriage prescribed in the Civil Code.

5. “Third party” refers to every person whose health, life or property is damaged as a result of motor vehicle accidents except the following entities:

a) The drivers or driver assistants who are in the same vehicle.

b) Passengers and people who are in the same vehicle.

c) The owners unless the owner allows another entity to use or operate their motor vehicles.

6. “Day” refers to the working day.

Article 4.Rules for purchase of insurances

1. Motor vehicle owners traveling on road within the territory of Vietnam shall buy compulsory insurances under provisions hereof and other relevant regulations of laws.

2. A motor vehicle owner must not enter into more than one compulsory civil liability insurance contract (hereinafter referred to as “compulsory insurance contract”) for the same motor vehicle.

3. Besides compulsory insurance contract, motor vehicle owners may enter in to voluntary insurance contracts.

4. Insurers are allowed to provide the compulsory insurances for motor vehicles owners through the following methods:

a) Directly

b) Via insurance agents or insurance brokers.

c) Other forms or shapes in accordance with provisions of laws.

Insurance agents through whom compulsory insurances are distributed shall meet standards stipulated in the Law on Insurance Business, instruction documents and other relevant regulations of laws.

The insurer shall not appoint civil liability insurance agents of other insurers as their civil liability insurance agents except where it is approved by the latter in writing and the former shall provide training and issue certificates of insurance agents to such agents under regulations of laws.

Article 5. Insurance coverage

1. Deaths, injuries or property damage other than those specified in insurance contracts to the third party by motor vehicles.

2. Deaths and injuries of passengers as a results of motor vehicle accidents prescribed in contracts of carriage...

Chapter II

SPECIFIC PROVISIONS

Article 6. Motor vehicle owners’ civil liability insurance contracts

1. The Certificate of Compulsory Civil Liability Insurance (hereinafter referred to as “Certificate of Insurance”) of a motor vehicle owner means the single proof of the conclusion of the contract for compulsory insurance by the owner and insurer. Each motor vehicle shall be granted only one Certificate of Insurance. In case the Certificate of Insurance is lost, the motor vehicle owner shall submit an application for re-grant of the certificate of insurance to the insurer (where the lost certificate is issued).

2. The issuer shall grant motor vehicle owners with the Certificate of insurance only when such owners fulfill their premiums payment obligation or commit themselves to make full payment for premiums stipulated in clause 3 of this Article.

3. The payment for premiums or commitments to payment shall be prescribed as follows:

a) Where the premium is under 50 million dong: the motor vehicle owner shall pay a lump sum on the date of issue of the Certificate of Insurance.

b) Where the premium is at least 50 million dong to under 100 million dong: the motor vehicle owner and insurer shall conclude a written agreement on lump sum payment within 10 working days from the date of issue of the Certificate of Insurance.

c) Where the premium is at least 100 million dong: the motor vehicle owner and insurer shall conclude a written agreement on payment for premiums as follows:

- The first installment: 50% of the total premium, within 10 days from the date of issue of the Certificate of Insurance;

- The second installment: 50% of the total premium, within 30 days from the date of issue of the Certificate of Insurance.

d) The payment shall be proved with one of the following documents: premium receipts; the insurer’s premium invoices, confirmation by the motor vehicle owner of the payment for his/her premium on the Certificate of insurance (for owners make full payment for their premiums); or other legal documents under regulations of laws.

4. Where the motor vehicle owner fails to make full payment for their premiums as stipulated in clause 3 of this Article, the insurance contract shall be terminated on the day succeeding the payment due date. The insurer shall notice the owner of the termination of the insurance contract in writing and the shall refund the overpayment (if any) or request the owner to fulfill their payment obligation within 05 days from the date of termination of the insurance contract.

The insurer is not required to refund premiums in case of covered occurrence prior to the date of termination of the insurance contract.

The insurer shall not be liable for indemnifying the insured for any damage as a result of any occurrence during the termination of the insurance contract.

The insurance contract shall continue to take effect from the date on which the motor vehicle owner fulfills his/her payment obligations and the insurer grants an approval in writing.

5. Issuance, management and the use of Certificates of Insurance:

a) Insurers are allowed to print Certificates of Compulsory Insurance on their own using forms in Annexes 01 and 02 hereof. The Certificate of Compulsory Insurance of a motor vehicle owner shall be separate from the Certificate of Voluntary Insurance (if any). The insurer wishing to combine the Certificate of Compulsory Civil Liability Insurance and the Certificate of Voluntary Insurance shall follow the instructions Annexes 03 and 04 hereof..

b) Certificates of Compulsory Insurance shall be numbered in the ascending order.

c) The Certificate of Compulsory Insurance shall be issued in the numerical order that shall not be skipped (except where it is stipulated in procedures for record management by insurers; or it is null and void by writing mistakes. Wrong certificates shall be crossed out, declared as “null and void” and stored at the insurer),

d) The insurers shall specify all required information on the certificate of compulsory insurance. The information specified in the Certificate of Compulsory Insurance issued to the owners shall be consistent with that in copies kept by the insurer.

d) The insurer shall keep a log of the issue and use of Certificates of Compulsory Insurances.

e) The insurer shall develop procedures for issue, management and use of Certificates of Compulsory Insurances.

Article 7.Effective periods of compulsory insurances

1. The effective date shall be specified in the Certificate of Compulsory Insurance but shall not be sooner than the date on which the motor vehicle owner makes full payment for his/her premiums, except for cases prescribed in point b and c, clause 3, Article 6 hereof.

2. The expiration of the Certificate of Compulsory Insurance shall be 01 year. The expiration of Certificate of Compulsory Insurance for the following types of motor vehicles may be less than 01 year:

a) Foreign motor vehicles temporarily imported in Vietnam for under 01 years before being re-exported.

b) Every foreign motor vehicle whose shelf life is under 01 year.

c) Motor vehicles eligible for temporary registration including:

- New cars that are imported or assembled or distributed from warehouses, ports, factories or from an auto agent to others and warehouses;

- Cars that are undergoing deregistration procedures for re-export;

- Cars that are permitted to be transited (except for those prescribed in the State agreement);

- Car chassis with a cabin; or flatbed truck

- Cars used for driving tests;

- Vehicles with number plates of trade-economic zones prescribed in the Government’s regulations operating within the territory of Vietnam;

- Vehicles assembled in Vietnam undergoing road trials;

- Vehicles used for conferences or sport events upon requests of the Government or Ministry of Public Security;

- Other types of motor vehicles permitted to be temporarily registered under provisions of laws.

d) If any motor vehicle owner buying multiple compulsory insurances for his/ her motor vehicles at various time wishes to get their effective periods synchronized, the valid period of the compulsory insurance of such motor vehicles may be under 01 year or equal to the remaining effective period of the first compulsory insurance contract of the same year. The effective period of the compulsory insurance for all compulsory insurance contracts (that has been synchronized) shall be 01 year.

3. If the ownership of a motor vehicles is transferred during the effective period of the Certificate of the compulsory insurance, all insurance benefits related to civil liabilities of the former owner shall apply to the latter.

Article 8. Premiums

1. A premiums means an amount of money that the motor vehicle owner pays to the insurer for his/her compulsory insurance. Premiums by type of motor vehicle are specified in the Annex 5 hereof.

2. With regard to motor vehicles that are permitted to have under-one-year compulsory insurances specified in clause 2, Article 7 hereof, the premiums shall be calculated according to the premiums prescribed in the Annex 5 hereof and their respective effective periods specified in the Certificate of compulsory insurance. To be specific:

In case of the duration of maximum 30 days, the premium shall equal the annual premium by type of motor vehicle divided by 12.

Article 9. Limits of liability

The limit of liability means the maximum amount of money that the insurer pay for deaths, bodily injuries or property damage to the third party and passengers for each undesirable occurrence by motor vehicles covered by compulsory insurance To be specific:

1. A death as a result of motor vehicle accidents shall be indemnified at the rate of 100 million dong per person per occurrence.

2. Property damage by two-wheelers, tricycle, motorbikes and the like (including vehicles for the disabled) shall be indemnified at the rate of 50 million dong per occurrence.

3. Property damage by cars, tractor, construction vehicles, and vehicles for agricultural or forestry uses and other types of military vehicles for the use of national security and defense (including trailers and semi-trailers pulled by motor cars or tractors) shall be indemnified at the rate of 100 million dong per occurrence.

Article 10. Termination of compulsory insurance contracts

1. Compulsory insurance contracts shall only be terminated in the following cases:

a) The registration certificate or number plate of the motor vehicle is withdrawn under regulations of laws.

b) The shelf life expires under regulations of laws.

c) The motor vehicle is lost; the loss is certified by the police authority.

d) The motor vehicle is damaged or destroyed due to traffic accidents certified by the police authority.

2. The vehicle owner wishing to have the contract terminated shall submit the insurer a written prior notice, the Certificate of compulsory insurance and documents demonstrating that his/her motor vehicle is permitted to have the insurance contract termination under clause 1 of this Article.

The compulsory insurance contract is terminated from the date on which the insurer receives the notice of termination of the compulsory insurance contract.

3. The insurer shall refund 70% of the premium of the cancelled period to the motor vehicle owner within 05 days from the date of receipt of the notice. During the effective period of the compulsory insurance, the insurer are entitled to refuse to refund the premiums if the request for termination is made after occurrences occur and the liability is covered.

4. In case the motor vehicle owner does not submit a prior notice of termination of the compulsory insurance contract but the insurer obtains evidences demonstrating that the motor vehicle is eligible for having the compulsory insurance contract terminated as stipulated in clause 1 hereof, the insurance shall notify the vehicle owner. If the motor vehicle owner does not carry out procedures for termination of the compulsory insurance contract after 15 days from the date of receipt of the notice from the insurer, the compulsory insurance contract shall be consider terminated.

Article 11.Damage assessment

1. After an occurrence, the insurer or person authorized by the insurer (hereinafter referred to as “authorized person”) shall cooperate with the motor vehicle owner, third party or legal representatives of relevant parties to assess damage and identify causes of occurrences. The assessment results shall be made in writing and signed by relevant parties. The insurer shall pay all assessment costs.

2. Where the motor vehicle owner disagrees on the causes and degree of damage assessed by the insurer, both parties shall negotiate to have a third-party inspection agency carry out the assessment. If both parties fail to reach an agreement on the selection of third-party inspection agency, either of them may request a local court where the damage incurs or the motor vehicle owner resides to appoint a third-party inspection agency. The conclusion of the third-party inspection agency shall bind both parties.

3. Where the conclusion of the third-party inspection agency is inconsistent with that of the insurer, the insurer shall pay all incurring costs for the third party inspection agency’s assessment. Where the conclusion of the third-party inspection agency matches insurers, the motor vehicle owner shall pay all incurring costs for the third party inspection agency’s assessment.

4. Where it is unable to carry out the damage assessment, the insurer is permitted to determine the degree of damage and causes of occurrence based on records, conclusions of competent authorities and other relevant documents.

Article 12. Occurrences not covered by compulsory insurances

Insurers shall not be liable for any damage incurred in the following cases:

1. The vehicle owner, driver or victim intentionally causes damage to his/herself.

2. The driver or vehicle owner deliberately runs away from his/her civil liability after the traffic accident.

3. The driver does not obtain a driving license or obtain the inappropriate driving license. Where the driver whose driving license is temporarily or permanently withdrawn shall be considered as driving without driving license.

4. Traffic accidents results in indirect consequences: decreases in commercial value, or losses associated with the use of damaged property.

5. Property is stolen or robbed in the traffic accident.

6. Wars, terrorism attacks or earthquakes occur.

7. Loss or damage of special property includes: gold, silver, and gemstones, valuable papers such as money, antiques, valuable paintings or pictures, dead bodies or corpses.

Article 13. Rules for insurance indemnity

1. Where a covered occurrence occurs, the insurer shall indemnify for the amount that the motor vehicle owner paid or is going to pay as an indemnity to victims.

Where the vehicle owner died or lives with total permanent disability due to the occurrence, the insurer shall directly indemnify for such damaged people.

2. The insurer may advance reasonable and necessary funds as an indemnity for damage remedy, where necessary, within limit of liability

3. Limits of indemnity:

a) Indemnities for each type of injuries area specified in the schedule of indemnities for injuries presented in the Annex 06 hereof or may be negotiable (if any) by vehicle owners and damaged people or the legal representative of victims (if the victim died) but shall not exceed the indemnities prescribed in the Annex 06. Where the Court come to a Decision, the indemnities shall be conformable with such Decision but shall not exceed that in the Annex 06 hereof.

Where a traffic accident caused by more than one motor vehicles resulting in injuries or deaths, the indemnities shall be determined according to the seriousness of the motor vehicle owner’s faults but the total amount of indemnity shall not exceed the limit of liability.

Where the traffic accident results from the third party’s faults that are certified by competent authorities, the indemnity for third party in respect of injuries or deaths shall be 50% of the indemnity prescribed in the Annex 06 hereof.

b) the indemnity for the property damage per an occurrence shall be determined according to the actual damage and the motor vehicle owner’s faults but the total amount of indemnity shall not exceed the limits of liability.

4. Insurers shall be absolved from indemnities exceeding the limit of liability prescribed in the Annex 06 hereof.

5. Where a motor vehicle owner enters into more than one compulsory insurance contract for the same motor vehicle, the indemnity shall be determined according to the civil liability coming into effect first.

Article 14. Application for indemnities

Insurers shall cooperate with vehicle owners, victims, the police authority and relevant entities to collect evidences of occurrences prior to making applications for indemnities. The application includes the following documents:

1. Documents related to the vehicle and driver (certified true copies of the insurer after comparison with the originals)

Vehicle Registration Certificate

b) Driving license

c) The driver’s ID card or passport or personal identity documents.

d) Certificates of insurance.

2. Documents as proof of damage to human (copies of medical facilities or certified true copies of insurers), or the following documents depending on the seriousness of injuries/deaths:

a) Injury Certificate

b) Hospital discharge slip

c) Certificate of undergoing surgery

d) Medical record

dd) Certificate of death (if the victim died).

3. Evidences of property damage.

a) Valid invoices or documents on repairs or replacement of damaged property by facilities designated by the insurer at the motor vehicle’s account or approved by the insurer.

b) Documents as proof of reasonable expenses for mitigating damage or according to instructions of insurer.

4. Copies of competent authority’s documents related to the occurrence (except for those specified in clause 5 of this Article):

a) Scene examination record

b) Photo of accident scene (if any)

c) Record of examination of involved vehicles

d) Report on initial investigation conclusion

dd) Other relevant documents (if any)

5. In case of the absence of documents specified in clause 4 of this Article and the estimated damage of under 10 million dong, the application for indemnity shall include documents specified in clauses 1, 2 and 3 of this Article and:

a) Traffic accident record certified by the competent authority where the traffic accident occurs. A traffic accident record shall include:

- Date of accident and place of accident;

- Information provided by the motor vehicle owner or driver causing the accident, victims or representative of victims, or witnesses (if any). The above mentioned information provider shall specify their name, ID card No., and address.

- Description of traffic accident scene and damage of vehicles (enclosed with sketches or photos)

b) Accident damage assessment record made by the insurer or authorized person.

c) Other relevant documents (if any)

Article 15. Time limits for submission of applications for indemnity, indemnification and complaints

1. Vehicle owners shall submit their applications for indemnity within 01 year from the date of occurrence, except in case of delay by objective reasons or force majeure events under regulations of laws.

2. Within 05 days from the date of occurrence (except in case of force majeure), the motor vehicle owner shall submit the insurer a written notice using the form prescribed in the Annex 7 hereof and required documents.

3. The insurer shall cover all damage within 15 days from the date of receipt of the application and shall not exceed 30 days if it is necessary to certify the application.

4. In case of refusal to indemnify, the insurer shall send the vehicle owner a written notice in which reasons for refusal shall be specified within 30 days from the date of receipt of the application.

5. Statute of limitations for making a claim on the insurance policy shall be 03 years from the date on which the insurer indemnifies or refuses to indemnify. After the statute of limitations, neither party has the right to make claims.

Article 16. Rights of vehicle owners

Every motor vehicle owner has the rights to:

1. Select insurers for their compulsory insurance.

2. Request insurers to clarify and provide information related to the conclusion, performance or termination of compulsory insurance contracts.

3. Request insurers to reduce premiums for the remaining period of compulsory insurance contracts where any factor varies leading to the decrease in risks of occurrences.

4. Request insurers to fully and promptly indemnify for damage under insurance contracts

5. Be entitle to include premiums in operating costs (for vehicle owners are businesses); or regular operating expenses (for vehicles owners are administrative units or public service providers).

6. Others rights under regulations of laws.

Article 17. Obligations of motor vehicle owners

Every motor vehicle owner has the obligations to:

1. Purchase compulsory insurances and fully pay premiums under this Circular and other relevant regulations of laws. Provide accurate and reliable information stipulated in Certificates of compulsory insurance.

2. Facilitate the examination of vehicle conditions prior to issue of Certificates of civil liability insurance by insurers.

3. Promptly notify the insurers of motor vehicle repurposing resulting in the decrease or increase in occurrences.

4. Bring valid Certificate of compulsory insurance with them when travelling on road, and present such certificate if requested by traffic polices and competent authority under regulations of laws.

5. Obey laws on road traffic safety.

6. In case of traffic accidents, vehicle owners shall:

a) Promptly notify to insurers and cooperate to rescue victims, resolve issues and mitigate property damage and injuries; protect accident scenes and report to the nearest local police authority or local government.

b) Do not move, dismantle or restore the property until it is approved by insurers; unless where it is necessary to mitigate the damage to people and property or carry out upon requests of competent authorities.

c) Provide document required in applications for indemnity specified in clauses 1, 2, and 3 and point c, clause 5. Article 14 hereof (where vehicle owners repairing or recovering property from damage by their own may not provided documents specified in point a, clause 3, Article 14 hereof) and facilitate the verification by insurers of such documents . Cooperate with insurers to collect documents specified in point a, clause 5, Article 14 hereof.

7. Notify insurers in writing if the vehicles eligible for the termination of insurance contracts prescribed in clause 1, Article 10 hereof.

8. Notify and give indemnities that are paid by insurers as prescribed in the Annex 06 hereof to each victim.

9. Others obligations under regulations of laws.

Article 18. Rights of insurers

Every insurer has the rights to:

1. Collect premiums from motor vehicle owners under the Ministry of Finance’s provisions. Where any factor varies leading to increases in occurrences, the insurer have the right to request the motor vehicle owner to pay additional premiums for the remaining period.

2. Request motor vehicle owners to provide accurate and reliable information stipulated in Certificates of compulsory insurance; test motor vehicle conditions prior to issue of Certificates of compulsory insurance.

3. Request the traffic police and investigating police to provide documents related to the accidents under clause 3, Article 22 of the Decree No. 103/2008/NDD-CP

4. Refuse to indemnify for damage not covered by compulsory insurances.

5. Request to amend or supplement regulations, terms, schedule of premiums of compulsory insurance according to the reality.

6. Others rights under regulations of laws.

Article 19. Obligations of insurers

Every insurer has the obligations to:

1. Provide compulsory insurances in accordance with regulations, schedule and the coverage of compulsory insurances under this Circular. Reduce premiums for the remaining period and refund the difference to the motor vehicle owner where the insurer receives notice of changes in factors decreasing occurrences.

2. Make publicly available information about compulsory insurance policies; provide adequate related information and clarify regulations, terms and schedules of premiums.

3. Apply forms of Certificates of insurance on prescribed in the Annexes 1, 2 and 3 (if any), and Annex 4 (if any) hereof.

4. Do not pay motor vehicle owner insurance agents any amount besides the insurance commission stipulated by the Ministry of Finance.

5. Refrain from sale promotion for compulsory insurances.

6. Cover all costs of copying of provided documents and records to the traffic police and investigating police; and be responsible for the confidentiality during the investigation.

7. Gather documents required in the application for indemnity specified in point a, clause 3 (where insurers cover damage); documents specified in clauses 4, and point b and c, clause 5 of Article 14 hereof.

Cooperate with vehicle owners to gather documents mentioned in point a, clause 5 Article 14 hereof.

8. Notify victims and motor vehicle owners of the amount of indemnities for damage to people and pay such indemnities as prescribed in the Annex 6 hereof.

9. Promptly and accurately pay indemnities in accordance with provisions of this Circular and other relevant regulations of laws.

10. Notify vehicle owners of the expiration of the insurance contracts within 15 days prior to the expiration date.

11. Transfer 1% of the annual compulsory insurance premium revenue to the Motor Vehicle Insurance Fund.

12. Separately do accounting for premiums, commission, indemnities and other relevant expenses.

13. Develop and run software/programs serving the statistics and update on status of motor vehicle owners’ compulsory insurances and ensure the access to vehicle owners’ compulsory insurance database. The database shall include, but not limited to, the following information:

a) Vehicle owners’ information:

· Name of owner;

· Owner’s ID card or passport or personal identity documents (for individuals);

· Address

b) Vehicle information:

· Registered number plate;

· Brand;

· Type

· Cylinder capacity;

· Color;

· Year of manufacture;

· Engine number;

· Vehicle identification number (VIN);

· Payload (for cars);

· Number of seats (for cars);

· Purposes: business or non-business (for cars);

· Insurance Certificate No;

· Certificate effective date;

· Certificate expiration date;

· Premium;

· Date of payment;

· Date of issue

· Place of issue

· issuer

c) Information on the numbers of traffic accidents caused by the driver and the number of penalties imposed under the Law on Road traffic

- The number of traffic accidents caused (specify date of accident, place of accident, accident severity according to the accident assessment by the police);

- The number of times of receipt of the indemnity, the amount of indemnity for each accident (specify by each accident);

- The number of penalties under imposed the Law on Road traffic (if any).

14. Submit status reports on the provision of compulsory periodically or on requests. To be specific

Submit periodic status reports under Annexes 8 and 9 hereof.

b) Submit status reports upon requests of the Ministry of Finance.

15. Be under the inspection and supervision by the competent State authority of the provision and implementation of compulsory insurances.

16. Others under regulations of laws.

Article 20. Settlement of disputes

Any dispute arising from the performance of compulsory insurance contracts that fails to reach amicable agreement shall be brought to the Court of Vietnam.

Chapter III

IMPLEMENTATION ORGANIZATIONS

Article 21. Entry into force

1. This Circular enters into force from April 01, 2016.

2. Certificates of compulsory insurances issued to motor vehicle owners prior to the effective date of this Circular shall be valid under regulations of laws effective on their dates of issue.

3. This Circular shall replace the Circular No. 126/2008/TT-BTC on regulations, terms, schedules of premiums and limits of indemnity of compulsory civil liability of motor vehicle owners dated December 12, 2008; Article 1 of Circular No. 151/2012/TT-BTC dated September 12, 2012 amending and supplementing the Circular No. 126/2008/TT-BCT dated December 12, 2008 and Circular No. 103/2009/TT-BTC dated May 25, 2009; Article 1 of the Circular No. 43/2014/TT-BTC dated April 11, 2014 amending and supplementing a number of Articles of the Circular No. 126/2008/TT-BTC dated December 22, 2008, Circular No. 103/2009/TT-BTC dated May 25, 2009 and Circular No. 151/2012/TT-BTC dated September 12, 2012 by the Ministry of Finance.

4. Any arising issues should be promptly reported to the Ministry of Finance.