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Precious Metals Act, 2005 (Act No. 37 of 2005)

11. Cancellation of licences, permits and certificates

 

 

The Regulator may cancel a licence, permit or certificate if the holder of such licence, permit or certificate, as the case may be—

(a) has furnished false or incomplete information in the application for that licence, permit or certificate, or has submitted any other information required in terms of this Act that is false or incomplete;
(b) contravenes or fails to comply with a condition imposed in the licence, permit or certificate;
(c) contravenes or fails to comply with a provision of this Act; or
(d) is convicted of an offence in terms of this Act or any other offence involving fraud, theft, corruption or forgery.