Article 11. Features of investment gold turnover The Law on Precious Metals and Precious Stones

Home / RLA / Article 11. Features of investment gold turnover The Law on Precious Metals and Precious Stones

1. For the purpose of turnover of investment gold, metal accounts opened in accordance with the procedure established by the legislation of the Republic of Kazakhstan in second-tier banks, as well as in the National Bank of the Republic of Kazakhstan, may be used for the category of legal entities serviced by the National Bank of the Republic of Kazakhstan.

2. When making transactions with investment gold, payment is made at prices calculated using prevailing prices on the international market at the time of the transaction.

The Law of the Republic of Kazakhstan dated January 14, 2016 No. 444-V SAM.

This Law regulates public relations arising in the sphere of production of precious metals and turnover of precious metals and precious stones, raw materials containing precious metals, jewelry and other products made of precious metals and precious stones.

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Republic of Kazakhstan

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