Decree of the Central Geological Office and Central Mining Office No. 90 / 1961 Coll.
Decree of the Central Geological Office and the Central Mining Office on the depreciation of balance sheet stocks of mineral deposits
Valid
Effective from 05.09.1961
90
DECLARATION
Central Geological Authority and Central Mining Authority
of 27 July 1961
on the depreciation of balance sheet stocks of mineral deposits
The Central Geological Authority and the Central Mining Authority shall, in agreement with the participating central authorities and authorities referred to in § 1, paragraph 2 of the W.P.A. No. 11 / 1958 Coll., on the organisation of the State Geological Service and under § 57, paragraph 1, point (b) of Act No. 41 / 1957 Coll., on the use of mineral wealth (Mining Act):
Basic provisions
(1) In the balance sheets and stock records of exclusive mineral deposits, mining organisations may carry out depreciation of stocks corresponding to the approved balance sheet conditions (hereinafter referred to as "balance sheet stocks") only after approval of the depreciation under this Decree.
(2) The depreciation of the balance sheet stocks of radioactive raw materials is governed by specific provisions.
Basic concepts
(1) The depreciation of the balance sheet stocks of mineral deposits (hereinafter referred to as "depreciation") is understood to mean their complete deletion from the balance sheet or from the register, or their transfer from the balance sheet stocks to non-balance sheet stocks under this decree.
(2) The depreciation of stocks shall not be regarded as such and the management under this Order shall not be subject to the following changes in balance sheet stocks:
(a) mining and loss losses associated with the chosen conquest method;
(b) losses resulting from changes in the conquest areas;
(c) reductions due to precision by surveys, openings, preparation and extraction of stocks already quantified;
(d) losses resulting from recalculation and re-evaluation by approved condition.
Reasons for depreciation
The depreciation of balance sheet stocks shall be assessed, discussed and recorded as a result in the following groups:
(a) stocks of bearing sections with particularly complex mining, hydrogeological, etc., associated with natural conditions or unforeseen events which make it impossible to obtain stocks;
(b) stocks of bearing sections which are not economically effective, e.g. for their distance, isolation, lower quality and power, etc.,
(c) stocks which have lost industrial importance, e.g. by changing economic (production, sales etc.) ratios.
Designations
As soon as the mining organisations discover, in the preparation of a mining plant project, a plan to open, prepare and conquer, a plan to dispose of major mining works or quarries, or to carry out such work, that, for the reasons set out in Section 3, a portion of the stocks reported as balance sheet cannot be extracted from the bearing under current economic and technical conditions, they are obliged to submit a proposal for their write-off.
(1) The application for depreciation must contain all the information and supporting documents needed to assess the necessity of the depreciation of balance sheet stocks and the stocks depreciation.
In particular:
(a) an indication of the quantities to be written off by categories with qualitative characteristics and local identification;
(b) an indication of the reasons for which stocks are to be written off with the relevant economic and technical analysis;
(c) a metering and geological documentation in which they are marked on a clear scale on the ground plan, or a description of the part of the bearing in which the depreciation of stocks is proposed;
(d) bearing cuts carried out by the parts proposed for depreciation;
(e) other required graphic documentation, additional data on geological, technological or bearing development in the part where depreciation stocks are proposed;
(f) other supporting documents necessary to demonstrate the economic or technical causes which hinder the extraction of the raw material or to define the section of the bearing where depreciation of stocks is proposed or to illuminate their quality;
(g) the expression of the geologist and meter of the relevant mining organisation on the proposal for the protection of raw materials.
(2) The basic documentation for the design (paragraph 1 (c) must be submitted in four copies.
(3) The application for depreciation shall be signed by the Director of the relevant mining organisation or its representative.
Negotiation of the proposal
(1) The proposal for write-off will be discussed by mining organisations on their technical and economic board, on the relevant stock management committee, etc. An opinion on the proposed and recommended proposal shall be requested from the relevant district mining authority from the point of view of mining.
(2) A proposal, as discussed in accordance with paragraph 1, with the opinion of those authorities, shall be submitted by the mining organisation to its central economic authority or body empowered by it.
(3) If the quantity of reserves of reserved minerals proposed for depreciation does not exceed 1% of the total balance sheet stocks of category A + B + C1 of the given bearing (storage area) reported on 1 January of the year concerned, together with the stocks for the last three years before the submission of the proposal, and does not exceed 100 000 tonnes for the same period, or if, irrespective of the percentage, it does not exceed 10 000 tonnes, the central economic authority or the authority empowered by it shall decide on the depreciation.
(4) Where the quantities of reserves of reserved minerals proposed for depreciation exceed the scope referred to in paragraph 3, the central economic authority or the authority empowered by it shall forward a proposal with its opinion to the Central Geological Authority.
(5) The depreciation of stocks of non-reserved minerals, where covered by this Decree, shall be decided by the central economic authority or authority empowered by it, irrespective of the quantity of stocks depreciation.
Procedure at the Central Geological Office
(1) The Central Geological Office shall decide on the proposal referred to it by the Central Economic Authority or the authority empowered by it, following its examination by the Commission, set up by the Central Geological Office, representing the Central Geological Office, the Central Mining Office, the State Planning Commission and the competent Central Economic Authority.
(2) If necessary, the Central Geological Authority shall invite a representative of the Commission for the classification of mineral deposits, representatives of the relevant mining organisation, expert, etc.
Prohibition of destruction of technical equipment and access to supplies
Until the write-off decision, mining organisations shall not dispose of the technical equipment required to take up the stocks proposed for write-off and disrupt access to the stocks.
Deficit decision
(1) The competent authority shall decide on the application for depreciation within one month of its submission with the relevant supporting documents. If it is not possible to decide on the particular complexity of the matter within that period or for other important reasons, the competent authority shall inform the appellant accordingly, stating the reasons and shall inform him of the date by which the application is made.
(2) In the decision approving the application for write-off, it shall indicate the quantity of stocks written-off with their local designation and the brief reason for the write-off. At the same time, it determines whether the depreciation stocks are transferred from balance sheets to non-balance sheets or excluded from stocks at all. The decision shall provide for measures to protect stocks transferred from balance sheets to non-balance sheets and, where appropriate, measures for their subsequent economic use.
(3) The decision shall be sent by the competent authority to the applicant with a single copy of the basic dossier (Section 5 (2)); return the other documentation accompanying the proposal at the same time. A copy of the decision with a single copy of the basic dossier shall be sent to the competent district mining authority.
(4) If the Central Geological Authority decides on a write-off, it shall send a copy of the decision with a copy of the basic dossier to the Central Economic Authority.
(5) Where a write-off is decided by the Central Economic Authority or the authority empowered by it, it shall send a copy of its decision, accompanied by a copy of the basic dossier, to the Central Geological Office.
(1) The depreciation decision is part of the geological documentation and stock records.
(2) The depreciation shall be indicated in the metering and geological documentation.
(3) In the inventory statements according to the Central Geological Authority Directive No 180 / 1958 of the Ú. l., the registration of the state and movement of stocks of reserved mineral deposits, the date and number of the write-off decision and the authority which approved the write-off shall be indicated in the notes of the stocks depreciation.
Final provision
Exemptions and derogations from this decree are permitted by the Central Geological Authority in agreement with the Central Mining Authority and the Central Economic Authority.
Paragraph 1213 of the Safety Regulations of the Central Mining Authority No 5000 / 1958 for the search, exploration and extraction of ore and mineral deposits, Section 1420 of the Safety Regulations of the Central Mining Authority No 2300 / 1959 for coal and lignite mines other than coal quarries and stone-coal mines of the Ostrava Karvinsky Division, Article 1766 of the Safety Regulations of the Central Mining Authority No 500 / 1955 for the Ostrava Carvine Region, as amended, is hereby amended and the provisions of § 12 of the Central Geological Office No 180 / 1958 Úl are hereby repealed.
This decree shall take effect on the day of its publication.
The President
Central Mining Office:
Teper v. r.
The President
Central Geological Authority:
Sucha v. r.
Sign in for notes, favorites and notifications
Regulation Information
| Citation | Decree of the Central Geological Office and Central Mining Office No. 90 / 1961 Coll., on the depreciation of balance sheet stocks of mineral deposits |
|---|---|
| Regulation Type | - |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 05.09.1961 |
|---|---|
| Effective from | 05.09.1961 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
Comments 0