Second-Hand Goods Act, 2009
R 385
Precious Metals Act, 2005 (Act No. 37 of 2005)5. Prohibitions relating to acquisition, possession or disposal of semi-fabricated precious metal |
(1) | Save as is otherwise provided for in this Act, no person may acquire, possess or dispose of, either as principal or as agent, any semi-fabricated precious metal, unless— |
(a) | he or she is the holder of a refining licence and acts in accordance with the terms and conditions of his or her licence; |
(b) | he or she is an authorised dealer; |
(c) | he or she is a producer who has won or recovered the unwrought precious metal which has been refined and made into such semi-fabricated precious metal; |
(d) | he or she has obtained a certificate from the Regulator authorising him or her to acquire or to-dispose of such semi-fabricated precious metal; |
(e) | such semi-fabricated precious metal does not exceed a prescribed mass and is acquired in accordance with a special permit issued by the Regulator for scientific purposes; |
(f) | he or she holds a precious metals beneficiation licence; or |
(g) | he or she holds a jeweller's permit. |
(2) | No person may have in his or her possession any semi-fabricated precious metal unless he or she is— |
(a) | a person contemplated in subsection (1); or |
(b) | in possession of such precious metal in fulfilment of a contract of employment with any person contemplated in subsection (1). |