GOLD TRADING ACT

Section 8: Issue of gold dealer's licence. Form A.

1935Section 8 of 19Federal Republic of Nigeria

(1) A gold dealer's licence may be issued by the Minister as in Form A set out in the Schedule to this Act and shall expire on the following 31st day of December.
(2) The fee for a licence shall be N10, or, if issued after the end of June, N6.
(3) The Minister, without assigning a reason, may refuse to issue a licence or may revoke a licence:
Provided that on revocation the Minister shall refund such part of the fee as he thinks just.
(4) A licensed gold dealer shall not buy, sell, or store any raw gold except on the premises specified in his licence.

Cite this section

Section 8, GOLD TRADING ACT (1935).

https://repo.podus.ai/laws/gold-trading-act/section/8/