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

Chapter V : The Diamond Trade

59. Functions of Regulator in respect of buying and selling of diamonds

 

The Regulator shall –

a) implement, administer and control all matters relating to the purchase, sale, beneficiation, import and export of diamonds; and
b) establish diamond exchange and export centres, which shall facilitate the buying, selling, export and import of diamonds and matters connected therewith.