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

Precious Metals Regulations

27C. Acquisition, Possession, Use and Disposal of Minted Bar

 

 

(1) An approved manufacturer of minted bar contemplated in regulation 27B(6) may sell a minted bar manufactured by him or her to any person, provided that it is accompanied by a certificate containing:
(i) the name of the approved manufacturer;
(ii) certification of the mass and purity; and
(iii) the serial number of the minted bar.

 

(2) No person other than the holder of a refining licence, a precious metal beneficiation licence or a jeweller's permit may change the form of a minted bar.

 

[Regulation 27C inserted by regulation 10 of Notice No. R. 387 dated 4 April 2008]