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Subject: Precious Metal Ordinance Date First Presented at Council Public Meeting: June 13, 2011, Date of Public Hearing Before Town Council: July 11, 2011, Date of Second Reading and Adoption: July
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Subject matter precious metal refers to valuable metals such as gold, silver, and platinum.
Anyone who deals with subject matter precious metal, including dealers and sellers, is required to file.
Subject matter precious metal can be filled out through an online reporting system or by submitting paper forms to the appropriate regulatory body.
The purpose of subject matter precious metal reporting is to track the buying and selling of valuable metals to prevent illegal activities such as money laundering.
The information that must be reported on subject matter precious metal includes details of the transaction, the parties involved, and the type and quantity of precious metal exchanged.
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