Certification

Atland Security Company Certification

Atland Precious Metals Security & Courier company is a certified company in South Africa full certified to operate & registered under the Companies and Intellectual Property commission of South Africa (CIPC). Certification is one of the most important elements when storing and Item with us, authenticating its status by consulting experts who will certify your items before accepting it into our custody.listing the specific characteristics of the stock for conclusive identification

Company Registration and Licensing

Atland Precious Metals Security & Courier company conduct smooth,safe & Succesful Transaction which ascertain that our operation is in line with certification board,and it conform with Global business regulation, We must ensure that we obtain the relevant licenses from the local regulatory authorities.

The Minister of Minerals and Energy has after consultation with the South African Diamonds and Precious Metals Regulator, under section 23 of the Precious MetalsA ct, 2005 (Act No. 37 of 2005), made the regulations in the Schedule.

SCHEDULE 1

Definitions

In this Schedule, “the Regulations” mean the Regulations promulgated by Government Notice No. R. 570 of 9 July 2007.

Amendment of Regulation 6 of the Regulations

  1. Regulation 6 of the Regulations is hereby amended by the substitution of subregulation (2)(d) for the following sub-regulation – “(2)(d) keep a true and correct register of all unwrought and semi-fabricated precious metals deposited for safekeeping, received, dispatched or otherwise disposed of by the holder of the refining licence.” Amendment of Regulation 10 of the Regulations
  1. Regulation 10 of the Regulations is hereby amended by the substitution of subregulation 2(c) for the following sub-regulation- “(2)(c) keep a true and correct register of all unwrought and semi-fabricated precious metals deposited for safekeeping, received, dispatched or otherwise disposed of by the holder of the precious metals licence .” Amendment of Regulation 14 of the Regulations (a) by the substitution of sub-regulation (2)(a) for the following sub-regulation: “(2)(a) keep proper books of accounts in accordance with generally accepted accounting practice, as well as records of the total quantities of metals purchased and sold, (b) by the insertion of paragraph (aA) in sub-regulation (2) after paragraph (a): (aA) complete and submit form PMR 4 and a copy of the financial statements to the Regulator annually by not later than 90 days after the end of the financial year of the business of the holder of a jeweller’ permit.” Amendment of Regulation 16 of the Regulations
  1. Regulation 16 of the Regulations is hereby amended by the substitution forsub-regulation (1) of the following sub-regulation- “(1) The Regulator may, subject to subregulation (2), within 30 days of the lodgement of an application, issue a certificate contemplated in section 4(l)(d) of the Act.” Amendment of Regulation 17 of the Regulations
  1. Regulation 17 of the Regulations is hereby amended – (a) by the substitution in paragraph (c) for the following paragraph:”(c) keep a true and correct register of all unwrought and semi- fabricated precious metals deposited, received, dispatched, or otherwise disposed of by the holder of the certificate.”(b) by the addition of the following paragraph: “(d) the certificate is valid for a period not exceeding 3 months from the date of issue by the Regulator.”Amendment of Regulation 20 of the Regulations
  1. Regulation 20 of the Regulations is hereby amended by the substitution of subparagraph (c) for the following subparagraph -“(c) keep a true and correct register of all unwrought precious metals and semifabricated precious metals deposited for safekeeping, received, dispatched or otherwise disposed of the holder of a special permit”. Amendment of Regulation 23 of the Regulations
  2. Regulation 23 of the Regulations is hereby amended by substitution in subregulation'(3) for paragraph (a) of the following paragraph: “(a)the applicant has provided information to the satisfaction of the Minister that provision has been made to meet local demand for the beneficiation of unwrought and semi-fabricated precious metal as local demand may indicate, and that there are reasonable grounds to believe that such local demand will continue to be met during the period for which the consent to export is valid”. Amendment of Regulation 24 of the Regulations
  1. Regulation 24 of the Regulations is hereby amended by substitution for subregulation (2) of the following sub-regulation: “(2) The applicant must retain a copy of the Bill of Entry for Export issued in terms of the Customs and Excise Act, 1964 (Act 91 of 1964), together with all supporting documents in respect of each consignment of the precious metal exported in terms of the approval granted by the Minister for a period of three years after the date of export” Insertion of regulation 27A
  2. The following regulations are hereby inserted in the Regulations after regulation 27: “Registration of Producer in the South African Diamond and Precious Metals Regulator’s National Register 27A(1) In order to keep proper records of production and sale of precious metals,- (2) Every producer must complete and submit form PM REG1 contained in Annexure A for registration with the Regulator on or before 1 May 2008; and (3) The Regulator shall issue a unique registration number which must be reflected always in-the registers or information to be submitted by the registered producer tothe Regulator.”Insertion of Regulation 278 10. The following regulations are hereby inserted in the Regulations after regulation 27A: “Manufacturers of minted bars 276.(1) Any holder of a refining licence or precious metal beneficiation licence who intends to manufacture minted bars may apply to the Regulator for registration as anapproved manufacturer of minted bars and for a quota of minted bars to be manufactured in the Republic;

    (2) An application c~~itemplated in sub-regulation (1) must be lodged by submitting a completed Form MI31 to the Regulator; (3) The following documents must be lodged together with Form MI31 contemplated

    in sub-regulation (1):

    (a) business plan;

    (b) documentary proof of accreditation from national or international organisation

    relating to manufacture of precious metals bars;

    (c) track record of the manufacture of high quality precious metal bars;

    (d) target market; and

    (e) quality assurance system relating to precious metals bars.

    (4) The quantity of minted bars that maybe manufactured in the Republic may not exceed 500 000 troy ounces in a calendar year and this quantity may from time to time be adjusted by the Minister in consultation with the National Treasury by notice in the Gazette;

    (5) The maximum number of approved manufactures shall be determined by the Regulator in consultation with National Treasury, based on exchange control,security and market considerations;

    (6) The Regulator may within 30 days after lodgement of Form MB1 and subject to sub-regulation (3) register a holder of a refining licence or precious metal beneficiation licence as an approved manufacturer of minted bars;

    (7) If the Regulator refuses an application referred to in sub-regulation (I), the

    Regulator shall notify the applicant and provide the reason for his or her decision;

    (8) The Minister may after consultation with the Regulator publish from time to time in the Gazette, the names of approved manufacturers of minted bar”. Acquisition, Possession, Use and Disposal Of Minted Bar 27C (1) An approved manufacturer of minted bar contemplated in regulation 27B (6) may sell a minted bar manufactured by him or her to any person, provided that it is accompanied by a certificate containing:

    (i) the name of the approved manufacturer;

    (ii) certification of the mass and purity; and

    (iii) the serial number of the minted bar.

     

    (2) No person other than the holder of a refining licence, a precious metal beneficiation licence or a jeweller’s permit may change the form of a minted bar. Amendment of Regulation 33 of the Regulations 11. Regulation 33 of the Regulations is hereby amended-

    (a) by the substitution of sub-regulation (1) for the following sub-regulation:

    1. (1) Form PMR 1 is a precious metals register for producer;

    (a) Form PMR 2 is a precious metals register for refining licence;

    (b) Form PMR 3 is a precious metals register for beneficiation licence;

    (c) Form PMR 4 is declaration form of information of precious metals

    transactions for jeweller’s permit;

    (d) Form PMR 5 is a precious metals register for special permit;

     

(e) Form PMR 6 is a precious metals register for certificate ;

(f) Form PMR 7 is a declaration form of import transactions of precious metals

for import permit;

(g) Form PMR 8 is a declaration form of monthly export transactions of precious

metals for export approval; and

(h) The Regulator may amend when deem fit, the form of the registers and other

information from time to time.

(b) by the substitution of sub-regulation (3) for the following sub-regulation:

(3)(a) Form PMR 1, PMR 2, PMR 3, PMR 5, PMR 6 or PMR 7 contemplated in subregulation (1) must be submitted quarterly to the Regulator;

(b) Form PMR 4 contemplated in sub-regulation (1) must be submitted annually to the Regulator not later than 90 days after the end of the financial year of business of the holder of a permit;

(c) Form PMR 8 contemplated in sub-regulation (1) must be submitted to the Regulator every six calendar months.

(c) by the addition of sub-regulation (4) :

(4) Sub-regulations (1) and (3), apply mutatis mutandis to a holder of a recovery works licence, special permit holder, certificate holder or jeweller’s permit holder whose licence, permit or certificate, as the case may be, continues in force in terms of section 24(3) of the Precious Metals Act, 2005 (Act 37 of 2005). Amendment of Annexure A of the Regulations

  1. Annexure A of the Regulations is hereby amended by the insertion after item (d) of the following item: (dA) Registers contemplated in regulation 278 shall be obtainable from the office of the Regulator at a prescribed fee of R120 per register book.

SECURITY WITH A CERTIFICATE:

Every one of our customers receives a certificate every time the amount of his precious metals in his storage accounts changes. This certificate has the companies seal on it and it confirms the ownership and the amount of the precious metals in the account. Every certificate has its own unique certificate number which is a very important number. If the customer wants to pick up or sell precious metals he needs this number from the last certificate he received.