How are public assets handed over when merging administrative units?
The Ministry of Finance has just issued Official Letter 6606/BTC-QLCS providing additional guidance on the handover and handling of public assets when rearranging administrative units.
According to Official Dispatch 6606, agencies and units subject to administrative unit arrangement must be inventoried and a list of public assets under management must be made. Based on the approved arrangement project, the handover of assets will be carried out to the newly received agency or unit. The handover process must be clearly recorded.
How are infrastructure assets handled?
Assets managed by the old commune: Transferred to the new commune for management. If the old commune is separated into many new communes, the assets will be divided by locality; the Provincial People's Committee decides if there is a dispute.
Assets managed by the district: Assets such as irrigation works and markets will be managed by the new commune if they are located in the area. More complex assets will be considered and decided by the province.
Provincial-level assets: Can be converted to a new provincial-level administrative unit after the arrangement.
Assets established for public ownership and state-owned projects
If these assets have not been processed, they will be handed over to the new unit responsible for management and further handling. The Provincial People's Committee will decide specifically on the assignment.
For assets from state-owned projects: if the beneficiary unit has been clearly identified, it must be promptly handed over with information on the value of the assets. If the receiving unit is not clear, it will report to the competent authority for handling.
Account management at the State Treasury
The document requires the District Finance and Planning Department to transfer all the temporary detained money to the Department of Finance, ensuring transparency and unity in financial management after the merger.
