Acts Online
GT Shield

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

Precious Metals Regulations

33. Form of register

 

 

(1) Form PMR1 is a precious metals register for producer;
(a) Form PMR 2 is a precious metals register for refining licence;
(b) Form PMR 3 is a precious metals register for beneficiation licence;
(c) Form PMR 4 is declaration form of information of precious metals transactions for jeweller's permit;
(d) Form PMR 5 is a precious metals register for special permit;
(e) Form PMR 6 is a precious metals register for certificate;
(f) Form PMR 7 is a declaration form of import transactions of precious metals for import permit;
(g) Form PMR 8 is a declaration form of monthly export transactions of precious metals for export approval; and
(h) The Regulator may amend when deem fit, the form of the registers and other information from time to time.

[Subregulation (1) amended by regulation 11(a) of Notice No. R. 387 dated 4 April 2008]

 

(2) All information contemplated in subregulation (1) shall be entered on the register within 24 hours of each transaction.

 

(3)        

(a) Form PMR 1, PMR 2, PMR 3, PMR 5, PMR 6 or PMR 7 contemplated in subregulation(1) must be submitted quarterly to the Regulator;
(b) Form PMR 4 contemplated in sub-regulation (1) must be submitted every six calendar months to the Regulator not later than fifteen days after the end of every six calendar months;

[Paragraph (b) amended by regulation 4 of Notice No. R. 737 dated 22 September 2014]

(c) Form PMR 8 contemplated in sub-regulation (1) must be submitted to the Regulator every six calendar months.

[Subregulation (3) amended by regulation 11(b) of Notice No. R. 387 dated 4 April 2008]

 

(4) Sub-regulations (1) and (3), apply mutatis mutandis to a holder of a recovery works licence, special permit holder, certificate holder or jeweller's permit holder whose licence, permit or certificate, as the case may be, continues in force in terms of section 24(3) of the Precious Metals Act, 2005 (Act No. 37 of 2005).

[Subregulation (4) inserted by regulation 11(c) of Notice No. R. 387 dated 4 April 2008]