Precious Metals Act, 2005 (Act No. 37 of 2005)RegulationsPrecious Metals Regulations19. Issuing of special permit |
| (1) | The Regulator may within 60 days of the lodgement of an application, issue a special permit contemplated in section 4(1)(e) or 5(1)(e) of the Act if — |
| (a) | the applicant is not in contravention of any provision of the Act; and |
| (b) | the business plan is compatible with the intended scientific, beneficiation or jewellery manufacturing operation. |
| (2) | The Regulator may refuse the issuing of a special permit if the issuing of such certificate will — |
| (a) | result in an exclusionary act; or |
| (b) | prevent fair competition. |