Power to record administrative violations regulated by this Decree

Those with the power to record administrative violations regulated by this Decree are:

1. Those with the power to impose penalties for administrative violations regulated by this Decree, as specified in Articles 70 and 71 of this Decree.

2. Officials, public employees, officers of the People’s Public Security or the People’s Army who are on duty as specified by legislative documents or administrative documents promulgated by competent authorities have the right to record administrative violations within the extent of their duty.

Article 70. Power of Finance Inspector to impose penalties for administrative violations

1. Finance Inspectors of all levels have the right to issue warnings in the fields of accounting and independent audit.

2. Chief Inspectors of province-level Departments of Finance are entitled to:

a) Issue warnings;

b) Impose fines up to VND 25.000.000;

c) Confiscate evidence of administrative violations whose value do not exceed the fine specified in Point b of this Clause.

d) Impose suspension of certificates of registration for accounting practice, certificates of registration for auditing practice, certificates of eligibility for providing accounting and audit services or suspension of operations.

dd) Enforce remedial measures specified in Article 5 of this Decree.

3. The Chief Inspector of the Ministry of Finance has the right to impose penalties for administrative violations regulated by this Decree as follows:

a) Issue warnings;

b) Impose fines up to VND 50.000.000;

c) Confiscate evidence of administrative violations;

d) Impose suspension of certificates of registration for accounting practice, certificates of registration for auditing practice, certificates of eligibility for providing accounting and audit services or suspension of operations.

dd) Enforce remedial measures specified in Article 5 of this Decree.

Article 71. Power of People’s Committees of all levels to impose penalties for administrative violations

1. Chairpersons of commune-level People’s Committees are entitled to:

a) Issue warnings;

b) Impose fines up to VND 5.000.000;

c) Confiscate evidence of administrative violations whose value do not exceed the fine specified in Point b of this Clause.

2. Chairpersons of district-level People’s Committees are entitled to:

a) Issue warnings;

b) Impose fines up to VND 25.000.000;

c) Confiscate evidence of administrative violations whose value do not exceed the fine specified in Point b of this Clause.

d) Impose suspension of certificates of registration for accounting practice, certificates of eligibility for providing accounting services or suspension of operations.

dd) Enforce remedial measures specified in Article 5 of this Decree.

3. Chairpersons of province-level People’s Committees have the right to impose penalties for administrative violations regulated by this Decree as follows:

a) Issue warnings;

b) Impose fines up to VND 50.000.000 on individuals;

c) Confiscate evidence of administrative violations;

d) Impose suspension of certificates of registration for accounting practice, certificates of registration for auditing practice, certificates of eligibility for providing accounting and audit services or suspension of operations;

dd) Enforce remedial measures specified in Article 5 of this Decree.