Intellectual Property Rights from Publicly Financed Research and
R 385
Diamonds Act, 1986 (Act No. 56 of 1986)Chapter V : The Diamond Trade57. Registers in respect of unpolished diamonds |
| 1) | Every producer, manufacturer of synthetic diamonds, dealer or diamond beneficiator shall keep or cause to be kept the prescribed register, in which shall be entered the prescribed particulars in respect of unpolished diamonds and polished synthetic diamonds. |
| 2) | Every entry referred to in subsection (1) shall be made, in the case of a producer, within 24 hours and, in the case of any other person, within 7 days after the occurrence of the event recorded. |
| 3) | Every person required to keep a register in terms of subsection (1) shall retain the register for a period of at least five years after the date on which the last entry was recorded therein. |
