Precious Metals Act, 2005 (Act No. 37 of 2005)

2. Objects of Regulator

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The objects of the Regulator are to—

(a)ensure that the precious metal resources of the Republic are exploited and developed in the best interest of the people of South Africa;
(b)promote equitable access to, and local beneficiation of, the Republic's precious metals;
(c)promote the sound development of precious metal enterprises in the Republic; and
(d) the objectives of the broad-based socio-economic empowerment as prescribed.