Article 22. State Fund of Precious Metals and Precious Stones of the Republic of Uzbekistan

The State Fund of Precious Metals and Precious Stones of the Republic of Uzbekistan (hereinafter referred to as the State Fund) shall be replenished by:

precious metals and precious stones, including unique nuggets of precious metals and unique precious stones, acquired at the expense of the State budget of the Republic of Uzbekistan;

seized in the manner prescribed by law of precious metals and precious stones, products (items) from them, scrap and waste of precious metals and waste of precious stones;

jewelry and other products made of precious metals and precious stones purchased from individuals and legal entities of historical, artistic or other cultural significance;

hoards of precious metals and precious stones;

ownerless precious metals and precious stones;

precious metals and precious stones transferred to the state by the right of inheritance and donation;

state awards and gifts made of precious metals and precious stones;

precious metals and precious stones credited to the State Fund on other grounds established by legislation.

Precious metals and precious stones credited to the State Fund shall be state property.

Replenishment of the State Fund with precious metals and precious stones, as well as their spending shall be carried out in accordance with the decisions of the Cabinet of Ministers of the Republic of Uzbekistan within the funds provided for in the parameters of the State Budget of the Republic of Uzbekistan for the corresponding year.

The organization of the purchase of precious metals and precious stones to the State Fund shall be carried out by the Ministry of Finance of the Republic of Uzbekistan jointly with the Central Bank of the Republic of Uzbekistan.

Valuables credited to the State Fund shall be subject to preliminary examination conducted by the Ministry of Finance of the Republic of Uzbekistan.

The Ministry of Finance of the Republic of Uzbekistan shall submit to the Cabinet of Ministers of the Republic of Uzbekistan a report on the replenishment and expenditure of the valuables of the State Fund for the reporting financial year.

Verification of the correctness of storage, accounting and spending of valuables from the State Fund shall be carried out by the Accounts Chamber of the Republic of Uzbekistan in the manner prescribed by legislation.