National Assembly adopts revised Notary Law
The 15th National Assembly (NA) passed the revised Notary Law with 450 out of 453 deputies present at the session on November 26 afternoon voting in favour.
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.
A report by the NA Standing Committee shows that the inclusion of criteria for transactions requiring notarisation in the draft law is appropriate. However, the document should establish general criteria to prevent inconsistencies across specialised legal documents, which could lead to a lack of uniformity or potential misuse, thereby impacting the legitimate rights and interests of organisations and individuals.
Based on partial feedback from the Government, the NA Standing Committee proposed revising Clause 1, Article 3 of the draft law, regulating that transactions requiring notarisation are those of significant importance.
This provision aligns with the conclusions of authorised agencies, promptly implementing the legislative mindset renewal policy, and adhering to the directives of the NA Chairman in Official Letter No. 15/CTQH dated October 29, 2024.
Additionally, the NA Standing Committee recommended retaining the content of Clause 13, Article 76 of the draft law, as transactions requiring notarisation 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 NA Standing Committee noted that some aspects of state management over notarisation, as suggested by the Government, have already been specifically stipulated in other specialised 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 NA at the beginning of the 8th session.
