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International Trade Administration Act, 2002 (Act No. 71 of 2002)

Notices

Amended Export Control Guidelines on the Exportation of Ferrous and Non-Ferrous Waste and Scrap

6. Agreement

 

6.1 If a member of the domestic consuming industry wishes to purchase scrap metal listed in a circular, it must, before the end of a circulation period of fifteen (15) working days, submit a valid offer to purchase and all the communication pertaining thereto between it and an applicant to ITAC. Interested buyers must be allowed access to available scrap metal as applied for and circulated by ITAC, for inspection purposes before an offer is made.

 

6.2 Upon receipt of the scrap metal at the buyer/consumer’s premises, the buyer/consumer is allowed to weigh and inspect the materials to ascertain that the delivered material is the same as agreed when the offer was made and the transaction concluded. Should the scrap material not meet the agreed criteria it may be returned to the seller at the seller’s expense.

 

6.3 Where an agreement has been reached between a buyer and a seller, the details thereof such as the circulation number and any other relevant information must be communicated to ITAC, thus enabling ITAC to link the agreement to the originally circulated application.

 

6.4 The volume in the original permit application will be reduced by ITAC in line with the volume (kg) purchased by a member of the domestic consuming industry pursuant to an Agreement. Provided all other requirements are met, an export permit for the remaining volume, if any, will be issued within five (5) working days after the end of the applicable circulation period.

 

6.5 As indicated in paragraph 2 above, only members of the domestic consuming industry (as defined) are eligible to buy the scrap metal reflected in the circulars and the scrap metal bought must be for local consumption only by the purchaser.

 

6.6 If at the end of a circulation period, and after reasonable engagement between the applicant and a prospective buyer, no agreement for the purchase of scrap metal is reached; ITAC will adjudicate the export permit application/s taking all relevant information into consideration.