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SPECIFICATION OF TAXES, DUTIES, _C.
•RENTS OF GOVERNMENT LANDS AND BUILDINGS
LEASED AND LET TO INDIVIDUALS.
AUTHORITY.
Mining
5 paras per annum per j ^
0ttomM Min-
donum recoverable (Regulations Law of 2
within the year tO ( Shaban. 1286, Arr. 4.0
which it relates.
)
and
*-•
* ROYALTIES.
ORIGINAL MINES.
Mineral deposits containing goid, silver, platinum, mercury, lead, iron, copper, tin,
zino, bismuth, cobalt, nickel, chrome, arsenic, manganese, antimony, aluminium, sulphur,
orpiment, alum, coal of various descriptions, bitumen, naphtha, and any other analogous
substances, and precious stones of any kind whatsoever:
Proportional duties from the annual product without deducting the expenses
1 per cent.-5 per cent, (a)
If taken from the pure mineral substances after the same have been smelted and
liquefied, the costs of -melting and liquefying shall be deducted.
Emery and meerschaum : Duty to be fixed according to the mine.
Government is at liberty to take mining duties in kind or in money according to the
current prices of the time."
The proportional duties are recoverable in the following year by instalments.
OIL.
Rate of royalty to be provided in licence
MINES OTHER THAN ORIGINAL MINE3, QUARRIES, ETC.
Aibestos whether in the rough or clean .. .. .. 5 per cent, in value
Gyp um and gypsum stone
Lime and lime stone
Terra umbra, whether raw, calcined or levigated
Stone quarried from State lands
Shingle and sand
Any other mineral substance
All such Royalties shall be assessed and collected by the Customs Authorities at the
Port of shipment. The Customs Authorities are empowered in the event of the value of
any mineral being in their opinion insufficiently or incorrectly declared to demand and
take in respect of the said mineral the above Royalty or any part thereof in kind instead
of in cash.
The Ottoman Mines
Regulations Law of
• Shaban. 1235.
Art. 2. 41 and 43.
Law No.
sec. 13.
5 of 1882,
3c . per on
4kp. per ton
3s. 4kp. per ton
4kp. per cubic yard
4icp. per ton
5 per cent, in value
Order in Council No.
508 published in Gazette
No. 1010 of 9th June,
,.1-Ml, and Order ia
Council No. 920 pub–
lished in Gazette No.
1563 oi 16th Feu.. 1923.
• INTEREST ON GOVERNMENT MONEYS.
Interesc ut the rate of one and a half per ceut. below Bank of England rate per annum on
the daily Balance of the Government General Accounc at the Ottoman Bank.
Agreement dated 1st
July. 1927, with Otto–
maa Bank.
* STORAGE OF GUNPOWDER, &c.
The following charges are payable to the Customs Treasury of the District of Larnaca by *.
any person storing any explosive substance in the Government Store at Larnaca:—
1 copper piastre per mouth, or part thereof for every keg or case containing not more
than 10 okes of explosive substance.
2 copper oiascres per iiionLh, or part thereof for every keg or case containing more than
10 okes.
In the case of storage race of any explosive substance remaining unpaid for 6 months, tbe
Comptroller of Customs rn..y ?ell a sufficient quantitv to cover the arrears of the storage rate.
The Board of Evkaf is entitled to store explosive substances in the Government Store
without the paymenc of any rate.
For storage of explosives ac Famagusta. See foot note on page 7.
* PROCEEDS OF UNCLAIMED ESTATES.
Order of High Com*
missioner published in
> GazeUe No. 972 of 15th
April, 1910.
Ottoman Land Code.
(7 Kamazan, 1274).
(a) New Lymni Ltd. Royalty fixed at 3 per cent, on copper and minerals of equal or leaser value and * Indenture of lit Sept
5 per cent. <m minerals of a greater value than copper and on preoious stones after deducting certain costs, jf \_\$. clause 7. '
and £30 per annum rent.
'
Cyprus Mines Corporation, .loyalty " per cent, on first 50.000 tons of ore excarated, 2 per cent, on second 1 j*-
QV
\yi& ^ *", .
50,000 and 1 per cent, on any excess above 100,000 tons, in any year.
(April, 1919.