Diamonds Act, 1986 (Act No. 56 of 1986)

Chapter II : The South African Diamond Regulator

Purchase

a)	comply with the requirements of the Kimberley Process Certification Scheme in respect of any unpolished diamond it handles;

b)	provide insurance cover for itself against any loss, damage, risk or liability it may suffer or incur; and

c)	establish, maintain and expand a client base of local diamond beneficiators.

2)	The State Diamond Trader may –

a)	acquire diamonds from other diamond producing countries; and

b)	enter into agreements with any person, including the State, for the