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

Regulations

Precious Metals Regulations

16. Issuing of certificate
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(1)The Regulator may, subject to subregulation (2), within 30 days of the lodgement of an application, issue a certificate contemplated in section 4(1)(d) of the Act.

[Regulation 16(1) amended by regulation 4 of Notice No. R. 387 dated 4 April 2008]

 

(2)The Regulator may refuse the issuing or renewal of a certificate if the issuing of such certificate will—
(a)result in an exclusionary act; or
(b)prevent fair competition.