Section 4: Restrictions on selling raw gold.

(1) No person, other than an authorised gold miner or a licensed gold dealer, shall sell any raw gold.
(2) No authorised gold miner shall sell any raw gold which is not lawfully won by him or by some other authorised gold miner for whom he is authorised in writing to act.
(3) No licensed gold dealer shall sell any raw gold except on behalf of an authorised gold miner or another licensed gold dealer or unless the gold is obtained from an authorised gold miner or another licensed gold dealer.
(4) No authorised gold miner shall sell any raw gold to any person residing in Nigeria other than a licensed gold dealer.
(5) No licensed gold dealer shall sell any raw gold to any person residing in Nigeria other than a licensed gold dealer or a licensed goldsmith.