International Trade Administration Act, 2002 (Act No. 71 of 2002)NoticesAmended Export Control Guidelines on the Exportation of Ferrous and Non-Ferrous Waste and Scrap6. Agreement |
| 6.1 | If a member of a domestic consuming industry wishes to purchase scrap metal listed in a circular, it must, before the end of a circulation period of 15 working days submit a valid offer and all the communication pertaining thereto between it and an applicant to ITAC. |
| 6.2 | Where an agreement has been reached between a buyer and a seller, the details thereof such as the circulation number and any other relevant information must be communicated to ITAC thus enabling ITAC to link the agreement to the originally circulated application. |
| 6.3 | The volume in the original permit application will be reduced by ITAC in line with the volume (kg) purchased by a member of the domestic consuming industry pursuant to an Agreement. An export permit for the remaining volume, if any, will be issued within 3 working days after the end of the applicable circulation period. |
| 6.4. | As indicated in paragraph 2 above, only members of the domestic consuming industry (as defined) are eligible to buy the scrap metal reflected in the circulars and the scrap metal bought must be for local consumption only by the purchaser. |
| 6.5. | If, at the end of a circulation period, and after reasonable engagement between the applicant and a prospective buyer, no agreement for the purchase of scrap metal is reached; ITAC will adjudicate export permit application/s taking all relevant issues into consideration. |