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

Regulations

Precious Metals Regulations

13. Issuing of jeweller’s permit

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(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.