Article 1.- To amend a number of articles of the Regulation on compulsory reserves applicable to credit institutions, issued together with the State Bank Governor's Decision No. 581/2003/QD-NHNN of June 9, 2003, as follows:

1. Clause 4, Article 19 is amended as follows:

"4. Within the first 10 working days of every month, to sum up the situation of compulsory reserves of credit institutions under its management and synthesize reports on the situation of compulsory reserves of other credit institutions, sent by the State Bank's provincial/municipal branches, according to a set form for reporting to the State Bank Governor, and at the same time send such reports to the Banking Inspectorate and the Monetary Policy Department."

2. Clause 3 of Article 20 is amended as follows:

"3. Within the first seven working days of every month, to sum up the situation of compulsory reserves of credit institutions under their respective management according to a set form and send such reports to the Vietnam State Bank (the Transaction Office)."

3. Form 3 enclosed with the Regulation is replaced by the form enclosed with this Decision.

4. Article 21 is annulled.

Article 2.- This Decision takes effect as from September 1, 2005.

Article 3.- The director of the Office, the Chief Banking Inspector, the director of the Transaction Office, the director of the Monetary Policy Department, the heads of units under the State Bank, and the directors of the State Bank's provincial/municipal branches shall have to implement this Decision.