Diamonds Act, 1986 (Act No. 56 of 1986)Chapter IV : Licences and Permits30. Conditions of licence |
1) | A licence shall be subject to such conditions as the Regulator may determine at the time of the granting of the application in question. |
2) | The Regulator may at any time – |
a) | cancel or vary any condition to which a licence is subject; or |
b) | impose any condition or any further condition in respect of a licence. |
3) | The chief executive officer of the Regulator shall endorse on the licence any cancellation, variation or condition referred to in subsection (2). |
4) | In order to give effect to subsection (3), the chief executive officer of the Regulator may request a licence in writing to submit his licence to the chief executive officer of the Regulator within the period specified in the request. |