Circular No. 22/2013/TT-BKHCN dated September 26, 2013 of the Ministry of Science and Technology on management of measurement in gold trading and quality management of gold jewelry on the market

 MINISTRY OF SCIENCE AND TECHNOLOGY

Circular No. 22/2013/TT-BKHCN dated September 26, 2013 of the Ministry of Science and Technology on management of measurement in gold trading and quality management of gold jewelry on the market

Pursuant to the Law on Product and goods quality dated November 21, 2007;

Pursuant to the Law on Electricity dated November 11, 2011;

Pursuant to the Government's Decree No. 89/2006/ND-CP dated August 30, 2006 on goods labels;

Pursuant to the Government's Decree No. 132/2008/ND-CP dated December 31, 2008, detailing the implementation of a number of articles of the Law on Product and goods quality;

Pursuant to the Government's Decree No. 24/2012/ND-CP dated April 03, 2012 on gold trading management;

Pursuant to the Government's Decree No. 86/2012/ND-CP dated October 19, 2012 elaborating and providing guidance on the implementation of the Law on Measurement;

Pursuant to the Government's Decree No. 20/2013/ND-CP dated February 26 2013 defining the functions, tasks, entitlements and organizational structure of the Ministry of Science and Technology;

At the request of the Director of the Directorate for Standards, Metrology, and Quality,

The Minister of Science and Technology promulgates a Circular on management of measurement in gold trading and quality management of gold jewelry on the market,

Chapter I

GENERAL PROVISIONS

Article 1. Governing scope

This Circular specifies the management of management in gold trading and quality management of gold jewelry on the market.

Article 2. Subjects of application

This Circular is applicable to:

1. The organizations and individuals that import, export, manufacture, trade in gold jewelry, or trade in gold bullions.

2. The organizations that inspect, calibrate measuring instruments and measurement standards; the organizations appointed to analyze gold content (hereinafter referred to as appointed analyzing organizations).

3. The management agencies related to measurement in gold trading.

Article 3. Interpretation of terms

In this Circular, the terms below are construed as follows:

1. Gold jewelry is gold products with gold content of 8 karat (33.3%) or more, crafted into jewelry or for decoration.

2. Gold content is the percentage (%) of gold in the piece of jewelry.

3. Karat (K) is the parts of gold (by weight) out of 24 parts of the gold alloy.

4. Purity is the number of parts of gold (by weight) out of 1000 parts of the gold alloy.

The conversion of units of measurement of gold is specified in Table 3 in this Circular.

5. Pure gold is the type of gold with purity over 999 parts per thousand (ppt) .

6. Gold alloys are alloys composed of gold and one or some other elements.

7. Gold trading includes import, export, manufacture, trading in gold jewelry, trading in gold bullions.

Chapter II

MEASUREMENT IN GOLD TRADING

Article 4.  For import, export, manufacture, trading in gold jewelry, trading in gold bullions

The organizations and individuals that import, export, manufacture, trade in gold jewelry, or trade in gold bullions must comply with the regulations below:

1. The scale used for weighing gold weight must satisfy the requirements below:

a) The measuring range and accuracy are suitable for the amount of gold being weighed. The capacity of the scale must be suitable for its readability (e) in Table 1.

Table 1

b) The scale must be inspected by a recognized or appointed inspecting organization; the certificate of inspection (seal, stamp, certificate) must be unexpired.

2. The weights used for determining the weight of gold in trading, or for periodically checking the scale as prescribed in Clause 1 of this Article must satisfy the requirements below:

a) The nominal weight and accuracy are conformable with the scale;

b) The weights are inspected by a recognized or appointed inspecting organization; the certificate of inspection must be unexpired.

3. The weight of gold traded or tested must not be smaller than the weight announced. Variance of gold weight must not exceed the limits in Table 2.

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