Export and Import of Rough Diamonds Regulations

The Export and Import of Rough Diamonds Regulations were made by the Minister of Natural Resources pursuant to section 35 of the Export and Import of Rough Diamonds Act. The regulations come into force on January 1, 2003.

The regulations outline the requirements for exporting and importing rough diamonds in Canada, including the need for a Canadian Certificate or Kimberley Process Certificate, which must be accompanied by the shipment. The certificate must contain specific information about the exporter, the person to whom the diamonds are being exported, and the mass and value of the diamonds.

Exporters and importers must also comply with record-keeping requirements, including keeping records of the serial number of the Canadian Certificate or Kimberley Process Certificate, as well as information about the mining or extraction of the diamonds. The regulations also require that exporters report any exports of rough diamonds to customs officers within seven days.

If a person is found guilty of violating the Act, they may face fines and penalties. The regulations also provide for the disposition of rough diamonds that are forfeited under the Act, including disposal in accordance with the Surplus Crown Assets Act.