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

Regulations

Precious Metals Regulations

27C. Acquisition, Possession, Use and Disposal of Minted Bar

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(1)An approved manufacturer of minted bar contemplated in regulation 27B(6) may sell a minted bar manufactured by him or her to any person, provided that it is accompanied by a certificate containing:
(i)the name of the approved manufacturer;
(ii)certification of the mass and purity; and
(iii)the serial number of the minted bar.

 

(2)No person other than the holder of a refining licence, a precious metal beneficiation licence or a jeweller's permit may change the form of a minted bar.

 

[Regulation 27C inserted by regulation 10 of Notice No. R. 387 dated 4 April 2008]