Tasks of specialized teams

1. Team for assigning, receiving and preserving defective money (hereinafter referred to as “Team 1”): Receive defective money from the Central money vault to store in defective money storage; transport to Team for tallying and Team for destroying money; preserve money sent by other specialized teams; receiving and storing money qualified for circulation selected from tallying defective money.

2. Team for tallying defective money (hereinafter referred to as “Team 2”): Receive money from Team 1, tally each note (piece) and deal with surplus, deficit, mix, counterfeit money and money qualified for circulation before transporting to Team for shredding; tally each note (piece) in case of surplus, deficit or stacks (bags) that are improperly sealed or packed which are discovered during assignment and receipt.

3. Team for shredding (hereinafter referred to as “Team 3”): Shred the defective money received from Team 1 and Team 2 by specialized devices and recall shredded materials.

4. Team for related affairs (hereinafter referred to as “Team 4”): Conduct administrative, accounting and inventory affairs; request purchase of materials serving destroying money.

5. Each specialized team shall have its own leader and second-in-command decided by Vice Chairperson of the money destroying body.

Article 11. Tasks of leaders of specialized teams

1. Comply with assignment of Vice Chairperson in charge of the destroying body and be responsible to the Council for destroying money for assigned tasks.

2. Directly guide and organize implementation of guaranteeing safety to assets under management of their team according to Article 10 this Circular.

3. Upon detecting violations and exploitation to asset appropriateness, leaders shall cooperate with supervising officials in making records and reporting to Council for destroying money and Supervision Council for timely actions.

Article 12. Officials and workers participating in destroying money

1. Officials and workers participating in destroying money must be qualified for their titles as per the law and shall be managed by regulations on classification and management of officials, public employees and workers affiliated to State Bank of Vietnam, Labor Code and relevant law provisions.

2. If necessary, Department of Issuance and Treasury shall cooperate with Department of Personnel and Organization in requesting the Governor of State Bank of Vietnam to summon officials and workers in all entities affiliated to State Bank of Vietnam to participate in destroying money.