Presidential Decree No. 35/19 approving the Technical Regulation on the Marketing of Rough Diamonds.
Country
Type of law
Regulation
Abstract
This Presidential Decree approves the Technical Regulation on the Marketing of Rough Diamonds. This Regulation, consisting of 55 articles divided into six Chapters and one Annex, regulates Law No. 31/11 of 23 September approving the Mining Code, in relation to the sale of rough diamonds and in accordance with the provisions of Presidential Decree No. 175/18 of 27 July approving the Policy of Diamond Marketing. The Technical Regulation on the Marketing of Rough Diamonds, results from the evolution of the sale regimes of the national diamond production and represents a new phase in the process of gradual restructuring of the diamond industry, taking into account the interests of all stakeholders, namely the State, as the owner of the natural resources, the producers as the holders of the mining rights for industrial or artisanal exploitation, and the Public Organ of Commercialization and the Investors.
Attached files
Web site
Date of text
Entry into force notes
This Presidential Decree enters into force on the day of its publication.
Repealed
No
Serial Imprint
Diário da República, I Série, No. 13.
Source language
English
Legislation Amendment
No
Original title
Decreto Presidencial n. 35/19 - Aprova o Regulamento Técnico de Comercialização de Diamantes Brutos.