Article 16. Ownership of the Mined Precious Metals and Precious Stones

On precious metals and precious stones (LRU-710-son) · Date: 23.08.2021 · In force

Subsoil plots containing precious metals and precious stones shall be the property of the Republic of Uzbekistan, shall be subject to rational use and protected by the state.

Precious metals and precious stones mined in the manner prescribed by legislation may be in state ownership, the property of individuals and legal entities.

The right of ownership to illegally mined precious metals and precious stones shall belong to the Republic of Uzbekistan.

The right of ownership to precious metals and precious stones mined in accordance with the procedure established by legislation shall be protected by the state.

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Source of the text

National Database of Legislation of the Republic of Uzbekistan (lex.uz). Original on lex.uz: lex.uz/docs/6118259

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Cite as: Article 16. Ownership of the Mined Precious Metals and Precious Stones On precious metals and precious stones (LRU-710-son). neolex.uz/en/laws/law-5595534/16 (lex.uz/docs/6118259)