Diamonds Act, 1986 (Act No. 56 of 1986)Chapter V : The Diamond Trade47. Registration of diamond trading houses |
1) | If the Regulator grants an application referred to in section 45, the chief executive officer of the Regulator shall against payment of the prescribed fee register the premises in question as a diamond trading house and issue to the applicant a certificate of registration as a diamond trading house on the prescribed form. |
2) | The registration of any premises as a diamond trading house in terms of subsection (1) shall be subject to the prescribed conditions. |