Precious Metals Act, 2005 (Act No. 37 of 2005)RegulationsPrecious Metals Regulations13. Issuing of jeweller’s permit |
(1) | The Regulator may, subject to subregulation (2), within 30 days of the lodgement of an application, issue or renew a jeweller's permit if — |
(a) | the applicant has the manufacturing ability or access to appropriate manufacturing resources to conduct the proposed jewellery manufacturing operation; and |
(b) | the applicant is not in contravention of any provision of the Act. |
(2) | The Regulator may refuse the issuing of a jewellers' permit if the issuing of such permit will— |
(a) | result in an exclusionary act; or |
(b) | prevent fair competition. |