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Regulations on gem industry to be amended

Jan 1, 2011 11:24:11 AM - itnnews.lk

The National Gem and Jewellery Authority has decided to soon amend regulations which led to a setback of the gem industry.

This decision was reached at a special discussion organized at the Ratnapura District Secretariat. Agreement hs been reached to reduce the amount paid as a deposit in the process of securing a permit for gem mining. And also to reduce the sum of 50 thousand rupees imposed as fines to 5000 rupees. The 15 thousand rupee tax imposed from gem miners using equipment would be reduced to 3000 rupees. All those using traditional methods for gem mining will be freed from tax. Auctioning the Kalu Ganga for mining is totally prohibited. It was also agreed at this discussion to re-introduce the old regional management programme in making recommendations for the issue of permits. It is hoped to improve facilities in the purchasing process and the granting of standard certificates. Ministers Anura Priyadarshana Yapa, W.D.J. Seneviratne, Pavithra Wanniarachchi and Vasudeva Nanayakkara and Sabaragamuwa Chief Minister Mahipala Herath were among those present at this discussion.