Article 1
The following words and terms - wherever they appear in this Regulation - shall have the meanings indicated next to each, unless the context requires otherwise:
Regulation: The Implementing Regulation of the Law.
Metals Precious: Gold, silver, and platinum, which may be in the form of manufactured items or coins withdrawn from circulation.
Manufactured Items: Everything made from precious metals in the form of pieces designed for use or decoration, including bullion, excluding precious metals in their original or semi-processed state.
Manufactured Items Gold: Any manufactured metal piece containing the minimum gold percentage specified in the Regulation.
Manufactured Items Silver: Any manufactured metal piece containing the minimum silver percentage specified in the Regulation.
Platinum Manufactured Items: Any manufactured metal piece containing the minimum platinum percentage specified in the Regulation.
Low-Grade Manufactured Items: Manufactured types of precious metals containing percentages less than those specified in the Regulation.
Clad Items: Any type of precious metal covered with adhesive sheets of another precious metal with a grade higher than the low grade.
Plated Items: Any type of precious metal covered with a layer of other precious metals.
Inlaid Items: Any type of precious metal to which another metal has been added or some parts covered for decorative purposes.
Gemstones: Diamonds, rubies, sapphires, emeralds, and natural pearls.
Semi-Precious Stones: Natural or cultured stones of value that are not classified as gemstones.
Valuable Manufactured Stones: Manufactured stones sharing the chemical, optical, and physical properties of their natural counterparts.
Imitation Stones: Industrial products made of glass or others, manufactured and shaped to imitate gemstones, semi-precious stones, and valuable manufactured stones, including imitation pearls and coral.
Stamping: Marking manufactured items with the Kingdom’s hallmark or an approved foreign hallmark, the trademark, and the legal grade; marking plated items with the word (Plated); marking clad items with the word (Clad) and a number indicating the percentage of pure precious metal contained, along with a statement of its type.
Card Definition: A document attached to manufactured items that cannot be stamped and to assembled, single, or mounted gemstones or semi-precious stones, including the type and grade of metal, trademark, or stone data such as name, weight, color, clarity grade, treatments, defects, and impurities if any - as applicable -.
Establishment: Any natural or legal person engaged in any activity related to the manufacture or trade of precious metals and gemstones.
Premises: Any location where precious metals or gemstones or semi-precious stones are displayed for sale, including websites and self-service devices.
Laboratory: A technical entity appointed by the Saudi Standards, Metrology and Quality Organization to conduct laboratory tests and analyses of precious metals and valuable stones, and to issue related test reports or certificates.
