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    <title>Withdrawal of gold</title>
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    <description>A beneficial owner must request withdrawal from the depository; after payment of charges the depository approves and informs the Vault Manager. The Vault Manager must hand over the gold and extinguish the Electronic Gold Receipt(s) upon production of acknowledgement and specified documents, then intimate extinguishment to the depository. If the Vault Manager refuses or fails to deliver, the burden of proof to show a lawful excuse lies on the Vault Manager.</description>
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      <description>A beneficial owner must request withdrawal from the depository; after payment of charges the depository approves and informs the Vault Manager. The Vault Manager must hand over the gold and extinguish the Electronic Gold Receipt(s) upon production of acknowledgement and specified documents, then intimate extinguishment to the depository. If the Vault Manager refuses or fails to deliver, the burden of proof to show a lawful excuse lies on the Vault Manager.</description>
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