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RESOLUTION OF THE CABINET OF MINISTERS OF UKRAINE

of May 7, 1998 No. 653

About procedure for sale of precious metals and gemstone, gemstone of organogenic education and semiprecious stone from the State fund of precious metals and gemstones of Ukraine

(as amended on 27-10-2025)

1. Approve enclosed:

Procedure for sale of precious metals and gemstones, gemstones of organogenic education (except amber) and semiprecious stones from the State fund of precious metals and gemstones of Ukraine;

Procedure for sale of amber from the State fund of precious metals and gemstones of Ukraine.

2. To the Ministry of Economics annually till March 1 to review the amount of payment on development of electronic trading system and in case of need to submit to the Cabinet of Ministers of Ukraine relevant proposals.

Prime Minister of Ukraine

V. Pustovoytenko

Approved by the Resolution of the Cabinet of Ministers of Ukraine of May 7, 1998, No. 653

Procedure for sale of precious metals and gemstones, gemstones of organogenic education (except amber) and semiprecious stones from the State fund of precious metals and gemstones of Ukraine

1. This Procedure determines the procedure of sale of precious metals and gemstones, gemstones of organogenic education (except amber) and semiprecious stones, in particular products from them (further - values), from the State fund of precious metals and gemstones of Ukraine (further - Fund).

2. Sale of values from Fund is performed by the State storage of precious metals and gemstones of Ukraine (further - State storage) based on the decision of the Ministry of Finance in the amounts necessary for:

satisfactions of production, scientific, welfare, investment and other needs of the state;

sales to subjects of managing;

sales of bank metals to National Bank;

sales in the world market;

sales on other purposes determined by the Cabinet of Ministers of Ukraine.

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