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RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF TAJIKISTAN

of October 17, 1994 No. 499

About urgent measures for stabilization of work of gold mining industry of the republic

For the purpose of providing the gold mining companies of the republic with material resources for their effective and smooth operation the Council of Ministers of the Republic of Tajikistan decides:

1. Determine that the Ministry of Finance of the Republic of Tajikistan pays to the companies which handed over to the state concentrates (shlikh) of the extracted precious metals, 20 percent of cost of these metals in rubles of the Russian Federation or freely-convertible currency on the rate established by the Central bank of the Russian Federation at the time of delivery of precious metals and 80 percent - in the money provided in the republican budget.

2. Determine payment due date the Ministry of Finance of the Republic of Tajikistan of the handed-over concentrates (shlikh) of precious metals in 10 days, considering from the date of provision to the relevant organization of National Bank of the register of the sent precious metals (concentrates, shlikh) then, in case of failure to carry out of provisions of Item 1 of this resolution to permit the companies deliverers to realize unpaid parts of precious metals according to the licenses granted by the Ministry of external commercial relations of the Republic of Tajikistan by provision to it the signed contracts.

3. To the ministry of cases of the industry of the Republic of Tajikistan in coordination with the Ministry of Finance of the Republic of Tajikistan, the Ministry of Economics and forecasting of the Republic of Tajikistan with participation of the interested departments, the companies and the organizations to develop further procedure:

- delivery of precious metals to the state by all companies, irrespective of patterns of ownership, extracting and processing the mineral raw material containing precious metals;

- settlings of the state with the companies deliverers of precious metals, shlikh, concentrates, tsementat and other mineral raw material containing precious metals;

Offers on the specified questions to submit for consideration in Council of Ministers of the Republic of Tajikistan by December 1, 1994.

 

Chairman

Council of Ministers

Republic of Tajikistan

 

 

A. Samadov

Deputy. Managing Affairs

Council of Ministers

Republic of Tajikistan

 

 

I.Bazarov

 

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