National Conventional Arms Control Act, 2002 (Act No. 41 of 2002)

Chapter III : General

25B. Industry Internal Compliance Programme
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(1)        The Committee may determine guidelines for an Industry Internal Compliance Programme.

 

(2)        The Industry Internal Compliance Programme contemplated in subsection (1) must, among others, provide for—

(a)        the principles of trade in and possession of controlled items;

(b)        internal compliance procedures and methods to be followed; and

(c) standards to be maintained in the execution of certain activities relating to trade in and possession of controlled items.

 

(3) In order to encourage good practices, the Minister may, in concurrence with the Committee, prescribe a grading system and terms of grading in terms of which persons may be graded in accordance with their history of compliance with the Industry Internal Compliance Programme.

 

[Section 25B inserted by section 17 of the National Conventional Arms Control Amendment Act No. 73 of 2008]