| a) | when considering an application for any of the licences or permits provided for in this Act, have regard to the promotion of equitable access to and local beneficiation of the Republic’s diamonds; |
| b) | provide insurance cover for itself against any loss, damage, risk or liability it may suffer or incur; |
| c) | appoint a person who has expertise in market prices in respect of diamonds as a government diamond valuator; and |
| d) | advise the Minister on any matter to which this Act relates referred to it by the Minister. |
| a) | when considering an application for any of the licences or permits, provided for in this Act, have regard to the broad-based socioeconomic empowerment Charter contemplated in section 100 of the Mineral and Petroleum Resources Development Act; |
| b) | enter into an agreement with any person, including the State, for the performance of any particular act or particular work or the rendering of any particular services; |
| c) | hire, buy or otherwise acquire such movable or immovable property as the Regulator may consider necessary for the performance of its functions and let, sell or otherwise dispose of property so acquired, |
Provided that immovable property shall not be acquired or disposed of without the approval of the Minister; and
| d) | from time to time make recommendations to the Minister on any matter to which this Act relates. |
