Article 25. Use and Sale of Precious Metals and Precious Stones

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

Precious metal bars shall be made in the form of standard and measured bars on the territory of the Republic of Uzbekistan, with obligatory marking in accordance with the requirements of regulatory documents of the Republic of Uzbekistan in the field of technical regulation.

Banknotes made of precious metals, bullions, certified precious stones put into circulation can be freely purchased and used by individuals and legal entities, including non-residents of the Republic of Uzbekistan.

Realization of banknotes made of precious metals, measured bars and certified precious stones, as well as the recovery and processing (cutting) of precious stones can be carried out by legal entities that have the right to carry out this activity.

In order to circulate precious metals, individuals and legal entities may use custody accounts for precious metals and depersonalized (non-physical) accounts of precious metals opened by banks for crediting, storing, writing off precious metals, with indicating their type, sample and weight.

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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 25. Use and Sale of Precious Metals and Precious Stones On precious metals and precious stones (LRU-710-son). neolex.uz/en/laws/law-5595534/25 (lex.uz/docs/6118259)