Removal or sale of diamonds
 14. (1) For the purposes of section 154.8 of the Act, an operator of a diamond mine shall ensure that no diamond produced at the mine is removed from the mine or sold unless, (a)  the diamond has been presented to a diamond royalty valuer for valuation in accordance with this section; and (b)  the value and weight of the diamond has been entered in the books of account referred to in clause 154.6 (1) (a) of the Act.  O. Reg. 323/07, s. 14 (1). (2) Subsection (1) does not apply to diamonds removed from a mine under a permit issued under section 52 of the Act that exempts the operator from compliance with that subsection.  O. Reg. 323/07, s. 14 (2). (3) The valuation of diamonds shall be done in accordance with the following rules: 1.  The diamonds shall be presented to a diamond royalty valuer for valuation as soon as they have been processed into a saleable form, but before they have been cut and polished. 2.  No diamonds shall be presented to the diamond royalty valuer until the operator of the diamond mine has cleaned the diamonds so as to remove all substances from the diamonds that are not part of the diamonds. 3.  The operator of a diamond mine shall provide a diamond royalty valuer and any other person designated by the Minister the use, free of charge, of such facilities and equipment, other than computer equipment, as are necessary for the diamond royalty valuer to value any diamonds produced as part of the output of the diamond mine. 4.  The facilities and equipment referred to in paragraph 3 shall be located in Ontario. 5.  If the operator of the diamond mine transfers or sells diamonds to persons who are not related to the operator, the operator shall present to the diamond royalty valuer, i.  all diamonds that are to be transferred or sold to a person related to the operator, for separate valuation before the transfer or sale, and ii.  all diamonds that are to be cut or polished by the operator or any related party, for separate valuation before the diamonds are cut or polished. 6.  Unless otherwise agreed on by the operator and the diamond royalty valuer, an operator shall present the diamonds to the diamond royalty valuer, i.  in respect of diamonds with a weight of 10.8 carats or more, individually, together with the weight of each diamond, ii.  in respect of diamonds with a weight of 2.8 to 10.79 carats, in lots separated according to weight in carats, together with the number of diamonds in each lot, iii.  in respect of diamonds with a weight of 3 to 10 grainers, in lots separated according to weight in grainers, from which a sample that accurately represents the composition of the lot has been randomly selected, iv.  in respect of diamonds with a weight of less than 3 grainers, in lots separated according to industry standard DTC sieve size fractions, from which a sample that accurately represents the composition of the lot has been randomly selected. 7.  At the time the diamonds are presented in accordance with paragraph 6, the operator shall provide to the Minister, i.  a written statement containing a description of each diamond or lot, and the operator’s estimate of the market value of each diamond or lot, and ii.  the operator’s oath or affirmation, or where the operator is a corporation, the oath or affirmation of an officer of the corporation, administered by a commissioner for taking affidavits, that the statement is true and complete to the best of the operator’s knowledge and belief.  O. Reg. 323/07, s. 14 (3). (4) Facilities provided by an operator of a diamond mine under paragraph 3 of subsection (3) shall be deemed to be part of the diamond mine for the purposes of this Regulation and a transfer of diamonds from one part of a diamond mine to another for the purposes of diamond valuation does not constitute removal of the diamonds from the diamond mine.  O. Reg. 323/07, s. 14 (4).