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SPECIFICATION OF TAXES, DUTIES, & C
AUTHORITY.
* 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. (-
1
)
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 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.
The Ottoman Miner
, Regulations Law of
(2 Shaban, 1285.
Art. S, 41 and 43.
QUARRIES AND MINES OTHER THAN ORIGINAL MINES.
Asbestos whether in the rough or clean .. .. .. 5 per cent, of value
Gypsum and gypsum stone .. .. .. .. .. 3p. per ton (*)
Lime and lime stone
.. .. .. Up. per ton
Terra umbra, whether raw, calcined or levigated .. .. 3s. 4-|p. per ton
Stone quarried from State lands
4Jp. per cubic yard
Shingle and sand .. .. . . . . . . .. 4$p. per ton
Any other mineral substance .. " .. .. . .•-- '.. 5 per cent, of value
All such Royalties are 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.
Order in Council No,
508 published in Gaum
So. 1010 of 9th June,.
1911, and Order ia
Council No. 920 pub–
lished in Gazette No..
16S5 of 16th Feb., 19:3.
OLL.
Rate of royalty to be provided in licence.
L a w N o . 5 of 1882,.
to. 13.
* MINING FEES.
On issue of a lease for the working of a mine :—
Fee of 50-200 Turkish liras (£45-£180) according to grade and importance of
mine
On issue of a smelting permit:—
Fee of 10-50 Turkish liras (£9-£45) according to the importance of the smeltine
house, etc.
•
•
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 Bank of England rate ner -„n„
m
Interest on inreatnwnte in certain Colonial Secnritie. and floating balances in London.
The Ottoman Min«*-
Regulations Law of »
Shaban 1385. Art 38.
The Ottoman Mines-
Regulations Law of t
v
Shaban 1285. Art. 91
| The Ottoman Min**
> Regulations L a w of t"
j Shaban, 1285. Art. 40.
Agreement dated
14th April, 1932, with
Ottoman Bank.
0 ) "Ne" Lymni Ltd. Royalty fixed at 3 per cent, on Conner and minm-.*, M> i
^ "
5 per cent, on minerals of a greater ralue than copper and on
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r TElue
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a n d * 3 0 per annua rent.
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« »fter dedncting certain costs,
troJlf.^tX^izV^ ^^ ^
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rt
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d durin
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d
of two year.
Indenture of lit Sept,
1910, Claase 7.
Order in Council No.
1683 of 24th Marob,
1936, pub. in Got.
X o . 2504 of 27tb>
March, 193rt.
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