The Federal Council is the supreme body in all matters concerning the control of trade in precious metals and precious metal articles. Specifically, its duties are to:
a.
appoint the officers of the Federal Central Office for Precious Metals Control (hereinafter «the Central Office») in accordance with Article 4 of the Public Officials Regulations I of 24 October 19303;
b.
approve the reports of the Federal Department of Finance4;
c.
issue directives to the Federal Department of Finance, where the latter does not make orders independently under the Act;
d.5
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e.6
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