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LAW OF THE REPUBLIC OF BELARUS

of June 21, 2002 No. 110-Z

About precious metals and gemstones

(as amended on 12-12-2013)

Accepted by the House of Representatives on May 16, 2002

Approved by Council of the Republic on June 6, 2002

Chapter 1 General provisions

Article 1. The main terms and their determinations used in this Law

For the purposes of this Law the following main terms and their determinations are used:

refining of precious metals - process of purification of the extracted precious metals of impurity and the accompanying components, bringing precious metals to the quality corresponding to technical regulations, and (or) state standards of the Republic of Belarus, and (or) the specifications or international standards of quality accepted by the London association of the market of precious metals (LBMA) and participants of the London market of platinum and palladium (LPPM) if higher quality requirements are not established by Council of Ministers of the Republic of Belarus and (or) National Bank of the Republic of Belarus;

bank ingots - the ingots of the affined gold, silver, platinum and palladium corresponding to technical regulations, and (or) state standards of the Republic of Belarus, and (or) the specifications or international standards of quality accepted by the London association of the market of precious metals (LBMA) and participants of the London market of platinum and palladium (LPPM);

the state monopoly for approbation and branding the state assay brand of the Republic of Belarus - the exclusive right of the state exercised by authorized state body on carrying out approbation and branding the state assay brand of the Republic of Belarus of jewelry and other household products from the precious metals and gemstones (further - jewelry and other household products) made in the Republic of Belarus and (or) imported into the Republic of Belarus for realization;

the state assay brand of the Republic of Belarus - the sign of the sample established in the Republic of Belarus applied on jewelry and other household products and certifying test of precious metal in such products;

activities with precious metals and gemstones - set of the transactions with precious metals and gemstones performed by subjects of legal relationship in this sphere;

diagnostics of gemstones - determination of parameters and characteristics of gemstones, including for their classification and (or) cost determination which results are drawn up documentary;

gemstones - natural diamonds, emeralds, rubies, sapphires, alexandrite, and also natural pearls in the crude (natural) and processed type. Unique amber educations are equated to gemstones;

precious metals - gold, silver, platinum and metals of platinum group (palladium, iridium, rhodium, ruthenium, osmium). Precious metals can be in any condition and type, including in the native and affined type, and also in raw materials, alloys, semifinished products, products (products), chemical compounds, jewelry and other household products, coins, scrap and production wastes and (or) consumption;

use of precious metals and gemstones - use of precious metals and gemstones in financial, production, scientific, welfare and other purposes;

branding - drawing print of the state assay brand of the Republic of Belarus on jewelry and other household products;

scrap and waste of precious metals - the remaining balance of raw materials, materials, semifinished products, products (products), jewelry and other household products containing the precious metals formed in production process and (or) consumption, which lost the consumer and (or) functional properties used mainly for extraction of precious metals;

measuring ingots - the ingots of the affined gold, silver, platinum and palladium corresponding to technical regulations, and (or) state standards, and (or) specifications of the state - producer of ingots;

transactions with precious metals and gemstones - the actions which are expressed in transition of the property right and other property rights to precious metals and gemstones (the address of precious metals and gemstones) including their use as pledge; change of physical condition or content of precious metals and gemstones in any substances and materials in case of production, production of precious metals and gemstones, their subsequent conversion, processing and use, and also collection and conversion of scrap and waste of precious metals, waste of gemstones; movement of precious metals and gemstones and products (products) from them, including transportation of precious metals and gemstones and products (products) from them to storage locations, funds and inventories, and also their storage and exhibiting; import of precious metals and gemstones, and also products (products) from them to the Republic of Belarus and (or) export them from the Republic of Belarus;

approbation - determination or confirmation of test of jewelry and other household products by the established methods;

waste of gemstones - the production wastes and (or) consumption in any kind and condition containing gemstones;

assessment of gemstones - cost determination of gemstones proceeding from results of their diagnostics;

test - quantity of mass fractions of chemically net precious metal in 1000 of mass fractions of alloy of precious metal;

production of precious metals - extraction of precious metals from the extracted complex ores, concentrates and other semi-products containing precious metals and also from scrap and waste of precious metals; refining of precious metals;

recovery of gemstones - extraction of gemstones from the tools fulfilled or taken out of service for other reasons and other products of technical appointment, and also from waste of gemstones;

unique amber educations - amber educations weighing over 1000 grams, various, fantasy form, rather monolithic on the structure (at least 80 percent) which are not containing end-to-end sinks, the visual cracks menacing to integrity of sample, various color scale it is possible with well remained inclusions of flora and fauna the sizes more than 10 millimeters;

examination of precious metals - research of quality and (or) quantity characteristics of precious metals which results are drawn up in the form of the act or the conclusion;

jewelry and other household products - the products made of precious metals and their alloys with use of different types of art processing, with inserts from gemstones and other materials of natural or artificial origin or without them, applied as various jewelry, household items, cult objects and (or) to the decorative purposes, holding rituals and ceremonies, and also memorable, anniversary and other signs and medals, except the state awards and coins which underwent issue, including withdrawn from circulation.

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