| (1) | If the National Commissioner is satisfied that an applicant for registration as a dealer or recycler shows good cause that- |
| (a) | such applicant cannot meet one or more of the requirements for registration at the time of application; |
| (b) | failure to meet such requirement cannot be attributed to the applicant; |
| (c) | there is a reasonable prospect that the failure can be rectified within a period of 12 months; and |
| (d) | the applicant shall suffer irreparable economic harm if such business cannot be registered, |
the National Commissioner may, subject to subregulation (2), issue a temporary registration certificate to such applicant.
| (2) | A dealer or recycler who is issued with a temporary registration certificate must submit a monthly report to the Designated Police Officer, reporting on the steps he or she has taken to meet the requirement or requirements contemplated in subregulation (1)(a). |
| (3) | A dealer or recycler who is issued with a temporary registration certificate must apply for registration as a dealer or recycler immediately upon being in a position to meet the requirement contemplated in subregulation (1)(a). |
| (4) | The National Commissioner may issue a temporary registration certificate subject to the same conditions as contemplated in regulation 4(2) and (3). |
