The revised Notary Law consists of eight chapters and 76 articles and will take effect on July 1, 2025. It provides regulations on notaries, notarial services and procedures, and state management over the sector.
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N.A. deputies vote to pass the revised Notary Law. |
A report by the N.A. Standing Committee shows that the inclusion of criteria for transactions requiring notarization in the draft law is appropriate. However, the document should establish general criteria to prevent inconsistencies across specialized legal documents, which could lead to a lack of uniformity or potential misuse, thereby impacting the legitimate rights and interests of organizations and individuals.
Based on partial feedback from the Government, the N.A. Standing Committee proposed revising Clause 1, Article 3 of the draft law, regulating that transactions requiring notarization are those of significant importance.
This provision aligns with the conclusions of authorized agencies, promptly implementing the legislative mindset renewal policy, and adhering to the directives of the N.A. Chairman in Official Letter No.15/CTQH dated October 29, 2024.
Additionally, the N.A. Standing Committee recommended retaining the content of Clause 13, Article 76 of the draft law, as transactions requiring notarization are currently stipulated across laws, decrees, and circulars. Therefore, a review is necessary to amend, supplement, or repeal such provisions within a defined timeframe to meet the criteria outlined in the Notary Law.
Regarding the Government's proposal to retain two articles on state management, the N.A. Standing Committee noted that some aspects of state management over notarization, as suggested by the Government, have already been specifically stipulated in other specialized laws. Therefore, it is unnecessary to include them in the Notary Law to avoid redundancy.
The draft law was streamlined by reducing two chapters, three articles, and five clauses in certain specific articles compared to the version presented to the N.A. at the beginning of the 8th session.
Source: VNA