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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 02-07-2025)

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 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);

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 products from the precious metals and gemstones (further, if is not established other, - jewelry and other 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 by the Ministry of Finance applied on the jewelry and other products made of precious metals, and certifying test of the precious metal containing in such products;

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