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

Precious Metals Regulations

Purchase

(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.

[Subregulation (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.