Diamonds Act, 1986 (Act No. 56 of 1986)Chapter V : The Diamond Trade59. Functions of Regulator in respect of buying and selling of diamonds |
The Regulator shall –
| a) | implement, administer and control all matters relating to the purchase, sale, beneficiation, import and export of diamonds; and |
| b) | establish diamond exchange and export centres, which shall facilitate the buying, selling, export and import of diamonds and matters connected therewith. |