Decision NO. 8 for year 2002, regarding the Organization of Export

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Decision of the Secretariat of the General People’s Committee for Economy and Commerce No. (8) for year 2002, regarding the Organization of Export

The Secretariat of the General People’s Committee for Economy and Commerce;

  • After reviewing the law No. (1) for year 2001, regarding the people’s congresses and people’s committees, and it executive regulation;
  • And the law No. (38) for year 1968, regarding the export;
  • And the customs law No. (67) for year 1972 and its amendments;
  • And the law No. (2) for year 1979, regarding economic crimes and its amendments;
  • And the law No. (1) for year 1993, regarding banks, currency and credits;
  • And the law No. (21) for year 2001, regarding the decision of some rules related to the practice of economic activities;
  • And the decision of the General Congress of the People No. (3) for year 2001, regarding the amendment of the decision of the General Congress of the People No. (4) for year 2000, regarding the determination of sectors to be governed by general people’s committees, and the decision of some rules related to the situations incurred therefrom;
  • And the Decision of the General People’s Committee No. (145) for year 2001, regarding the organization of the Administrative System of the General People’s Committee for Economy and Commerce;
  • And the Decision of the General People’s Committee No. (226) for year 2000, regarding the decision of some rules related to exports encouragement;
  • And the Decision of the General People’s Committee No. (227) for year 2000, regarding the export prohibition of some goods and merchandises;
  • And the Decision of the General People’s Committee for Economy and Finance No. (33) for year 2001, regarding the decision of some rules related to exports encouragement;
  • And upon the minutes of the first ordinary meeting of the Secretariat of the General People’s Committee for Economy and Commerce for year 2002, held in Tripoli city on 12/03/2002.

It has been hereby decided

Article one

The export means, in the application of this decision rules, the export of goods and products for the following purposes:

  • Export for the trading purpose, and it shall be for intermediate goods and those prepared for direct consumption. It is known as final export.
  • Temporary export, and it includes goods export for maintenance, overhaul or manufacturing, as well as the export of other goods for the purpose of participation in external exhibitions.
  • Re-export, and it shall be only for imported goods.

Article two

 Except goods, which description is stated in the text of article four of this decision, it is permitted to export all local merchandises and products for the purpose of trade, as per and according to the following restrictions:

  • The export shall be effected by the bodies legally entitled to practice export activity or producers of merchandises to be exported.
  • Observation of production and manufacturing conditions of each merchandise directed to export as per produced quantities, production seasons and local consumption needs thereof.
  • Supply of the exported goods value in foreign currency transferable within three months as of date of lading. The export performance doesn’t require an export license.

Article three

The following is conditioned in goods and products directed to export:

  • A registered trademark shall be put on the goods to be exported, except vegetables, fruits, fish, alive animals and other goods to be determined by the General Administration for Foreign Trade at the Secretariat of the General People’s Committee for Economy and Commerce.
  • Goods shall be in conformity with the health conditions and shall be enclosed with a certificate of origin issued by the competent body.
  • Observation of international prices as to exported goods.
  • The export shall be effected as per payment methods approved by the Central Bank of Libya.

Article four

It is prohibited to export the following goods: 1-

2- Scrap iron

Copper and aluminum residues3- 3-  Botanic coal.

Article five

It is conditioned to obtain previously an export license from the General Administration for Foreign Trade at the Secretary of the General People’s Committee for Economy and Commerce in the following cases:

  • Temporary export of engines for the purpose of maintenance, overhaul,    manufacturing or execution of projects outside Libya, with giving a financial guarantee not less than 50% of the exported goods value.
  • Export of engines and equipment supplied to be used by bodies executing transformation projects.

 

                                                        Article six

The mentioned decisions No. 227 for year 2000, and No. 33 for year 2001 shall be cancelled as well as all rule contradicting the rules of this decision.

 

                                                        Article seven

This decision shall come into force as of date of its issue, and it shall be published in the various publishing means.

 

                                                             Signed and stamped/

                                                           Secretary of the General People’s Committee

                                                             for Economy and Commerce

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