This is a notable provision stipulated in Circular 09/2016/TT-BVHTTDL issued by the Ministry of Culture, Sports, and Tourism on October 14, 2016.
Accordingly, Circular 09 stipulates that funds for organizing competitions and public performing arts festivals shall include:
- Funding from the state budget;- Funding from mobilization, sponsorship, and other sources as prescribed by law.
The funds for organizing competitions and public performing arts festivals shall be managed and used according to the norms, standards, and policies issued by competent state authorities.
Additionally, Circular 09 also stipulates that the agencies and units organizing the competitions and festivals are responsible for estimating, paying, and settling the funds according to legal regulations.
See details Circular 09/2016/TT-BVHTTDL effective from December 1, 2016.
-Thao Uyen-
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