The decree on determining the value of excavated mineral raw materials or other geological resources without the necessary approvals stipulates that compensation for illegal exploitation is paid in the amount of three times the market value of excavated mineral raw materials, the Ministry of Mining and Energy announced today.
This Decree was adopted by the Government of Serbia at the session on Thursday.
Under previous regulations, for raw materials exploited without the necessary approvals, there was an obligation to pay damages in the same amount as when the exploitation is performed legally.
For example, for the exploitation of stone as a technical construction material by illegal exploitation, according to the new regulation, compensation for damages in the amount of 60 times higher is paid.
If earlier for illegal exploitation of 80,000 tons of stone, with compensation of 20 cents per ton, compensation of damage of 16,000 euros was paid, according to the new Regulation, on the market value of raw materials of 3.5 euros per ton in triple amount, compensation the damage increases to one million euros.
In the case of mineral raw materials of higher value, the amount of damages is increased up to 300 times compared to previous regulations.
In addition to the increased compensation for damage, for illegal exploitation, a work ban and a fine for an economic crime in the amount of up to 25 thousand euros are envisaged, which are imposed on the basis of the performed inspection supervision.
The decree was passed in order to prevent and sanction the illegal exploitation of mineral raw materials and discourage the performance of exploitation works without approval, while achieving a greater financial effect for the budget in cases of violations of the law, Danas reports.
