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RESOLUTION OF THE CABINET OF MINISTERS OF THE REPUBLIC OF AZERBAIJAN

of June 20, 2006 No. 153

About approval of Requirements to the legal entities performing refining of precious metals and Rules of activities of the legal entities who are carrying out work on refining of precious metals

(as amended on 28-11-2016)

For the purpose of ensuring execution of Item 1.6 of the Presidential decree of the Azerbaijan Republic "About application of the Law of the Azerbaijan Republic on introduction of amendments to the Law "About Precious Metals and Gemstones" of November 22, 2005 the No. 317 Cabinet of Ministers of the Azerbaijan Republic decides:

1. Approve "Requirements to the legal entities performing refining of precious metals" and "Rules of activities of the legal entities who are carrying out work on refining of precious metals" (are attached).

2. This resolution becomes effective from the date of signing.

Prime Minister of the Azerbaijan Republic

Artur Rasi-Zade

Approved by the Resolution of the Cabinet of Ministers of the Azerbaijan Republic of June 20, 2006 No. 153

Requirements to the legal entities performing refining of precious metals

1. These Requirements are prepared for the purpose of ensuring execution of Item 1.6 of the Presidential decree of the Azerbaijan Republic of November 22, 2005 No. 317 "About application of the Law of the Azerbaijan Republic "About precious metals and gemstones" and determine requirements to the legal entities performing refining of precious metals (further - legal entities)".

2. Accomplishment of these requirements is obligatory for all legal entities performing refining of precious metals irrespective of pattern of ownership and legal form.

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