| Comments | (i) comprehensive business proposal that include the amount of goods (in carats) to be involved in the trade over the first twelve month period.
(ii) a drawing of the building that will accommodate the offices, workshops and display area showing external and internal security features, internal and external light fittings, security vaults, offices and storeroom.
(iii) Locality Plan of the business premises showing public roads, access roads, telephone lines, water reticulation lines, electricity lines, perimeter fencing and the neighbouring establishments.
(iv) Name, contact details and credentials of a security company that will be charged for the conveyance of the goods from a point of entry to the Central Bank of Swaziland, Mbabane.
(v) Proof of insurance for the goods whilst in transit between a point of entry and the Central Bank of Swaziland storage facilities.
(b) The Commissioner shall conduct investigation regarding the business premises and may determine any condition subject to which such premises are approved.
(c) The business premises may be considered for approval if they have the following features:
(i) Re-enforced concrete walls, roof and floor;
(ii) Strong bullet proof door;
(iii) Strong vaults or strong rooms;
(iv) Bullet proof public reception area;
(v) Closed Circuit Camera and Television (CCTV); and
vi) Any other security measures which may be prescribed by the Commissioner.
(d) If the Company intends to move or extend the business premises to any other premises or structurally alter the business premises, the Manager shall apply to the Commissioner in writing for approval.
(e) An alteration, which relates to or affect the activities authorized by the licence, shall require the approval of the Commissioner.
(f) A decision with regard to the application shall be made by the Commissioner within thirty (30) days from the date of receipt of the application.
(g) In a case where the Commissioner;
(i) grants permission referred to in subsection 14(e), the Commissioner shall endorse on the licence the particulars of the location of the new or altered premises and such conditions as the Commissioner may determine; or
(ii) refuse permission referred to in subsection 14(e), the Commissioner shall notify the Company in writing of the decision and a reason or reasons for such a decision.
(h) The Commissioner may at any time, after having afforded the Company an opportunity to be heard, by notice in writing to;
(i) cancel or vary any condition determined; or
(ii) impose a condition in respect of the business premises or the new or altered premises.
(i) The Commissioner shall, in respect of the premises to which a licence relates, endorse on such licence any cancellation or variation of any condition imposed.
(j) The Commissioner may demand from the Company in writing to submit the licence within thirty (30) days from the date of such demand. |
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