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

Chapter IV : Licences and Permits

30. Conditions of licence

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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.