Decree No. 12 of 1996 on ownership rights of the materials abstracted from the natural subterranean deposits and reservoirs of public and private lands.

مرسوم رقم (12) لسنة 1996م الخاص بحق ملكية المواد المستخرجة من المكامن الطبيعية الموجودة في العقارات العامة والخاصة

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Arabic

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LEX-FAOC039670

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This Decree is composed of 4 articles. Materials abstracted from the natural subterranean deposits and reservoirs situated in the public and private lands into the Syrian Territorial such as construction, installation, ornamental and industrial materials exploited in the private sector and joint sector excluding materials used for owner houses shall be subjected to the State rights according to article 12 of Law No. 20 of 1991 (art. 1). The State right is equivalent to the quantity of raw materials as a percent of the total production of all products multiplied for the price of unit quantity of product raw material (art. 2). The Minister of Petroleum and Mineral Resources cooperating with the Minister of Finance and Industry will issue the Implementing Regulation of this Decree (art. 3).

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