Department of Cultural Heritage (MCST): Completing a Draft “Procedures on selling, purchasing, exchanging, offering and inheriting antiques and relics”.

(Cinet)- After many years of study, Department of Cultural Heritage (Ministry of Culture, Sports and Tourism) has recently completed a Draft “Procedures on selling, purchasing, exchanging, offering and inheriting antiques and relics” and been in the process of collecting ideas from agencies under the Ministry, relevant industries and organizations.

This key regulation document will make a legal corridor for selling, purchasing, offering…relics and antiques specially cared by collectors and lovers.

Pursuant to the Draft, relics and antiques are sold, purchased, exchanged, offered and inherited in the nation, including legal relics and antiques; relics and antiques not under the ownership of the state, political organizations and socio-political organizations; relics and antiques stipulated at Clause 1, Article 4 under the Regulation or registered under the Regulation at Circular No. 07/2004/TT-BVHTT; not in the list of exported relics and antiques enclosed herewith this regulation and sticked stamps and licensed by Department of Culture, Sports and Tourism.

For selling-purchasing types of relics and antiques, the Draft stipulated that the selling-purchasing activity of relics and antiques are implemented through three types: purchasing and selling at business facilitates of legal relics and antiques; auctioning, purchasing and selling directly of buyers and sellers not at business facilitates of relics, antiques or auction.