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Diamonds Act, 1986 (Act No. 56 of 1986)

Chapter II : The South African Diamond Regulator

Part 1 : South African Diamond and Precious Metals Regulator

4. Objects of Regulator

 

The objects of the Regulator shall be –

a) ensure that the diamond resources of the Republic are exploited and developed in the best interest of the people of South Africa; and
b) promote equitable access to and local beneficiation of the Republic’s diamonds; and
c) sound development of diamond undertakings in the Republic.