RESOLUTION OF THE CABINET OF MINISTERS OF UKRAINE

of October 15, 2004 No. 1374

About approval of the Technique of determination of starting price of sale at auction (the electronic biddings) of special permission to mineral right

The Cabinet of Ministers of Ukraine decides:

Approve the Technique of determination of starting price of sale at auction (the electronic biddings) of special permission to mineral right which is applied.

Approved by the Resolution of the Cabinet of Ministers of Ukraine of October 15, 2004 No. 1374

Technique of determination of starting price of sale at auction (the electronic biddings) of special permission to mineral right

1. The technique determines the mechanism of calculation of starting price of sale at auction (the electronic biddings) of special permissions to use of natural resources (further - starting price of permission) within the territory of Ukraine, its continental shelf and exclusive (sea) economic zone, except cases, stipulated by the legislation.

Depending on cases of provision of special permissions to use of natural resources (further - permission) the starting price of permission determined by this Technique has such value:

in case of provision of permission by holding the auction (the electronic biddings) - the permission price with which the electronic biddings selling permissions begin;

in case of provision of permission without holding the auction (the electronic biddings) - payment (collection) which (what) is levied for receipt of permission.

For calculation of starting price of permission of the field or the subsoil plot where inventories (resources) of minerals are approved (are approved) in accordance with the established procedure by the State Commission on Mineral Reserves (further - State commission) or are considered by the state balance of minerals, the formula specified in Item 5 of this Technique is applied.

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