Scrap Iron dealers get license extension

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Scrap Iron dealers get license extension

Scrap Iron dealers can breathe a sigh of relief.

The Ministry of Trade and Industry has advised that the Scrap Metal (Extension of Time) Order, 2024 extends all dealer’s licenses from August 15, 2024, to February 14, 2025.

In a media statement Thursday, the ministry notes that valid licenses previously granted under the Old Metal and Marine Stores Act, Chap 84:07 are considered scrap metal dealers’ licenses provided that the dealer complies with Section 39 of the Scrap Metal Act, 2022.

It says this extension will be the fourth since the reopening of the industry in February 2023 to allow existing dealers sufficient time to comply with the new legislative requirements.

Scrap metal dealers are advised to urgently submit their completed applications to the Trade Licence Unit within the extended time period as the government intends to have the industry properly regulated.