Council Directive 2006/112/EC Article 344

Title XII: Special schemes

Chapter 5: Special scheme for investment gold

Section 1: General provisions

Article 344

1. For the purposes of this Directive, and without prejudice to other Community provisions, ‚investment gold‘ shall mean:

  1. gold, in the form of a bar or a wafer of weights accepted by the bullion markets, of a purity equal to or greater than 995 thousandths, whether or not represented by securities;

  2. gold coins of a purity equal to or greater than 900 thousandths and minted after 1800, which are or have been legal tender in the country of origin, and are normally sold at a price which does not exceed the open market value of the gold contained in the coins by more than 80 %.

2. Member States may exclude from this special scheme small bars or wafers of a weight of 1 g or less.

3. For the purposes of this Directive, the coins referred to in point (2) of paragraph 1 shall not be regarded as sold for numismatic interest.

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zur Änderungsdokumentation
CAAAE-23889