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LAW OF THE REPUBLIC OF BELARUS

of December 6, 2024 No. 45-Z

About change of the Law of the Republic of Belarus "About precious metals and gemstones"

Accepted by the House of Representatives on November 14, 2024

Approved by Council of the Republic on November 18, 2024

Article 1. No. 110-Z "About precious metals and gemstones" to be reworded as follows the law of the Republic of Belarus of June 21, 2002:

"LAW OF THE REPUBLIC OF BELARUS

About precious metals and gemstones

Chapter 1. General provisions

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

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

refining of precious metals (further if other is not established, - refining) - process of purification of the extracted precious metals of impurity and the accompanying chemical elements with bringing content of precious metals to the values conforming to requirements of state standards of the Republic of Belarus, and (or) the specifications operating in the territory of the Republic of Belarus and (or) the international standards of quality received by the London association of participants of the market of precious metals (LBMA) and participants of the London market of platinum and palladium (LPPM);

bank ingots - the ingots of the affined gold, silver, platinum and palladium conforming to requirements of state standards of the Republic of Belarus, and (or) the specifications operating in the territory of the Republic of Belarus and (or) the international standards of quality received by the London association of participants of the market of precious metals (LBMA) and participants of the London market of platinum and palladium (LPPM);

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