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58
SPECIFICATION OF TAXES, DUTIES, &C.
* RENTS AND ROYALTIES.
•RENTS
OF GOVERNMENT LANDS AND BUILDINGS
LEASED AND LET TO INDIVIDUALS.
ACTHOKIT?.
* LICENCE TO SINK WELLS ON GOVERNMENT LANDS
\cp.
Mining
CS. 321/ia.
5 paras per annum per ) ^
Qttcm
__
donum recoverable (Regulations Law of 2
within the vear to (Sbaban. 12S5. Art. 40
which it relates.
)
aad4S
*
* ROYALTIES.
ORIGINAL MINES.
Mineral deposits containing gold, silver, platinum, mercury, lead, iron, copper, tin,
zinc, bismuth, cobalt, nickel, chrome, arsenic, manganese, antimony, aluminium, sulphur,
orpiment, alum, coal of various descriptions, bitumen, naphtha, petroleum 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
liquified, the costs of smelting and liquifying shall be deducted.
Emery and meerschaum : Duty to befixedaccording to the mine.
Government is at liberty to take mining duties in kind or in monev accordino- to the
current prices of the time.
"
c
The proportional duties are recoverable in the following year by instalments.
OIL.
u
Rate of royalty to be provided in licence.
MINES OTHER THAN ORIGINAL MINES, QUARRIES, ETC.
Chrome iron ore Is. 4-kp.perton.
5 per cent, in value
3cp. per ton
4*cp. per ton
3s. 44cp. per ton
4icp. per cubic yard
44cp. per ton
5 per cent, in value
Asbestos whether in the rough or clean
Gypsum and gypsum stone
Lime and lime stone
Terra umbra, whether raw, calcined or levigated
Stone quarried from State lands
Shingle and sand
A n y other mineral substance
A H - •_. -D u-
. *' "" " • • *-» per cent, m value
All such Royalties are assessed and collected by the Customs Authorities at the
Port of shipment. The Customs Authorities are empowered in th^vent nf ? £ l o l 5
any mineral being in their opinion insufficiently o r S c o S c t g declaredto - w S J A
ot* Lh.
SPeCt
°
f
^ ^ **"* ^
aW
*W* « ^ Pan thSof ul ktTSsW
* MINING FEES.
On issue of a lease for the working of a mine •
Teeof 50-200 Turkish lira, (£45-£180, according to grade aod importance of
On issue of a smelting permit *
^Ltl^c. ^^ ^ ^^ ™°^
to
*• »PO*«" °f the smelting
Ground Fee, 5 paras per annum per donum of 1,600 architectural square pics
' * INTEREST ON GOVERNMENT MONEYS.
Interest at the rate of one and a half percent below *R
a
-,v «f v , ,
subject to a minimum of 2 % on the dailr Balance of t U ^ °
f Eng
!™
d rate
P
er anD
<--*
the Ottoman Bank.
' balance of the Government General Account at
Interest on investments in certain Colonial Securities and floating balances in London
ami £30 per annum rent, *
lh
*°
C
°
Pper
*
nd on
P
re<aoa
« ""*-« "iter deducting ceruiTco.t.
Tbe Ottoman Mines
e<?ui*rior.s Law of
12S5.
2 Sbaban.
Art. 5, 41 and 43
\
L a w N o . 5 of 1882,
sec. 13.
Mining Lease of 28th
Norember, 1924 (C.8.
921/24). Mining Lease
of 21st September, 1929,
(CS. 636/24), k Mining
Lease of 1st Jnly, 1931,
(CS. 636/24).
Order in Council No,
508 publisned in Gazetu
No. 1010 of 9th June,
•-1911, and Order in
Council No. 920 pub–
lished in Gazette No.
1565 of 16th Feb., 1923.
The Ottoman Mina
Regulations La*** of 2
Sbaban 128.-5. Art. 33.
The Ottoman Mine!
• Regulation! L a w of J
Shaban 1285. Art. 92.
The Ottoman Mines
Regulation*- L a w of •
Sbaban, 1285. Art. 40.
r
J Agreement dated
\ 14th April, 1932, with
Ottoman Bank.
\ Indenture of 1st Sept.,
J 1910, Clause 7.