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RESOLUTION OF THE MINISTRY OF FINANCE OF THE REPUBLIC OF BELARUS

of March 31, 2004 No. 59

About procedure of payments for supply of precious metals to the State fund of precious metals and gemstones of the Republic of Belarus

(as amended on 29-07-2022)

Based on subitem 4.52 of item 4 of the Regulations on the Ministry of Finance of the Republic of Belarus approved by the resolution of Council of Ministers of the Republic of Belarus of October 31, 2001 No. 1585, the Ministry of Finance of the Republic of Belarus DECIDES:

1. Approve the Instruction about procedure of payments for supply of precious metals to the State fund of precious metals and gemstones of the Republic of Belarus it (is applied).

2. This resolution becomes effective since May 1, 2004.

Minister

N.P.Korbut

Approved by the Resolution of the Ministry of Finance of the Republic of Belarus of March 31, 2004 No. 59

The instruction about procedure of payments for supply of precious metals to the State fund of precious metals and gemstones of the Republic of Belarus

Chapter 1. General provisions

1. This Instruction establishes procedure of payments of the Ministry of Finance (further - the Ministry of Finance) with the organizations and the legal entities performing microfinancial activities for supply of precious metals to the State fund of precious metals and gemstones of the Republic of Belarus (further - State fund), for services in the organization of buying up of precious metals at physical persons for the state needs and procedure of payments of processors with suppliers of precious metals in the form of scrap and waste for the state needs.

2. For the purposes of this Instruction the term "precious metals" matters, determined by the paragraph the ninth article 1 of the Law of the Republic of Belarus of June 21, 2002 No. 110-Z "About precious metals and gemstones", the terms "weight in purity", "estimated price", "skupochny price", "the legal entity performing microfinancial activities" – respectively paragraphs third, the eighth, tenth and eleventh Item 2 of the Instruction on procedure for establishment and use of the prices of precious metals approved by the resolution of the Ministry of Finance of the Republic of Belarus of July 11, 2011 No. 54, and also uses terms in the following values:

the measuring ingots made in the Republic of Belarus – the ingots of the affined gold and silver made according to the specifications operating in the Republic of Belarus;

raw materials – scrap and waste of precious metals;

services in buying up – services in the organization of buying up of precious metals at physical persons for republican state needs;

the organization – the legal entity or the individual entrepreneur performing supply of precious metals to State fund and (or) rendering services in buying up;

the processor – the legal entities of the Republic of Belarus or the individual entrepreneur registered in the territory of the Republic of Belarus, having special permission (license) for the activities connected with precious metals and gemstones which constituting work and service is collection and conversion of scrap and waste of precious metals and (or) waste of the gemstones arriving from legal entities and physical persons;

complete completeness – availability of all nodes, details, parts and other elements including containing precious metals, providing functioning of the electronic and electric equipment;

the supplier – the legal entity or the individual entrepreneur performing raw materials supply to the processor for the state needs;

the electric and electronic equipment – the equipment containing precious metals and entering into group 7 of the inventory and packaging to which requirements of the Presidential decree of the Republic of Belarus of January 17, 2020 No. 16, and the amount of payment for the organization of collection, neutralization and (or) use of waste of the goods and packaging established in appendix 4 to the resolution of Council of Ministers of the Republic of Belarus of June 30, 2020 No. 388 "About implementation of the Presidential decree of the Republic of Belarus of January 17, 2020 No. 16" extend.

3. Requirements of this Instruction are obligatory in case of the conclusion the Ministry of Finance of delivery agreements of precious metals in State fund with the organizations and processors, and also in case of the conclusion of agreements processors with suppliers of raw materials for the state needs.

4. The Item is excluded according to the Resolution of the Ministry of Finance of the Republic of Belarus of 31.07.2020 No. 28

5. Assignments from the republican budget for creation and replenishment of the state inventories of precious metals and gemstones, and also are allocated for services in buying up within the means approved by the law on the budget of the Republic of Belarus for the next financial (budget) year.

6. The Ministry of Finance concludes with the organizations and processors delivery agreements of precious metals for the state needs with indication of requirements imposed to their quality and also according to the supply rates of precious metals established by the Government of the Republic of Belarus the current year for the state needs.

Processors sign with suppliers delivery agreements of precious metals in the form of scrap and waste with the obligation on their conversion and supply of the extracted precious metals to State fund.

Chapter 2. Procedure of payments of the Ministry of Finance with the organizations and processors (except for the organizations rendering services in buying up and the legal entities performing microfinancial activities)

7. The Ministry of Finance concludes with the organizations and processors delivery agreements of precious metals for the state needs with indication of requirements imposed to their quality and also according to the supply rates of precious metals established by the Government of the Republic of Belarus the current year for the state needs.

Processors sign with suppliers delivery agreements of precious metals in the form of scrap and waste with the obligation on their conversion and supply of the extracted precious metals to State fund.

8. The expenses of the organizations and processors connected with delivery of precious metals by them for placement into accounts (deposits) in precious metals and also in Gokhran, are not compensated.

9. The Ministry of Finance can make with the organizations and processors calculations for the precious metals delivered in State fund in the form of advancing (the partial redemption) on account of subsequent delivery of precious metals and final settlement.

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