| (1) | The Minister may grant an application for approval to export precious metals subject to the condition that, where any information required under section 23(1) above was not available at the time when the application was made, the information concerned must be submitted to the Regulator within a time frame and in a manner to be determined by the Minister. |
| (2) | The applicant must retain a copy of the Bill of Entry for Export issued in terms of the Customs and Excise Act, 1964 (Act No. 91 of 1964), together with all supporting documents in respect of each consignment of the precious metal exported in terms of the approval granted by the Minister for a period of three years after the date of export. |
[Regulation 24(2) amended by regulation 8 of Notice No. R. 387 dated 4 April 2008]
| (3) | A holder of an export approval shall bi-annually declare and submit to the Regulator a complete and accurate summary of its monthly exports, indicating — |
| (a) | the quantity of the unwrought or semi-fabricated precious metals exported in each month; |
| (b) | the type of the unwrought or semi-fabricated precious metals exported in each month; |
| (c) | the total value of the unwrought or semi-fabricated precious metals exported in each month; and |
| (d) | the origin of the unwrought or semi-fabricated precious metals exported. |
