ORDER OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

of October 18, 2016 No. 189n

About modification of the Procedure for holding open auctions for the purpose of domestic sale from State fund of Russia of precious metals, gemstones, except for diamonds the mass of 10,8 of carat and more, and products from them, No. 170n approved by the order of the Ministry of Finance of the Russian Federation of December 26, 2014

For the purpose of reduction of regulatory legal acts of the Ministry of Finance of the Russian Federation in compliance with the current legislation of the Russian Federation I order:

Bring in the Procedure for holding open auctions for the purpose of domestic sale from State fund of Russia of precious metals, gemstones, except for diamonds the mass of 10,8 of carat and more, and products from them, No. 170n approved by the order of the Ministry of Finance of the Russian Federation of December 26, 2014 * the following changes:

1. In Item 1 of the word "products from precious metals and gemstones (or with their content)" shall be replaced with words "jewelry and other products from precious metals and (or) gemstones".

2. Add Item 6 with the subitem "a.1" the following content:

"and. 1) the organization and carrying out viewings of lots of values of State fund of Russia intended to sale;".

3. In Item 27 of the word", and also in case of non-execution (improper execution) by the winner of auction of obligations for the purchase and sale agreement of values of State fund of Russia" to exclude.

4. In Item 39:

shall be replaced with words words of "starting price of the lot "step" of auction" "the initial price of lot for auction "step"";

add with the offer of the following content:

"The participant of auction, the first lifted card with sequence number, raises the initial price of lot (lot price) for one "step" of auction".

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