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

Chapter IV : Licences and Permits

38. Return of licences

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1)If the Regulator suspends or cancels a licence under section 37 (2), the chief executive officer of the Regulator shall notify the licensee in writing of the decision of the Regulator.

 

2)Any licensee who has ceased to carry on the activities authorised by his licence or whose licence has been suspended or cancelled under section 37 (2) shall within 30 days after having ceased to carry on such activities or after becoming aware of such suspension or cancellation return his licence to the Regulator.