Two permits for jewellery (9)

I believe the answer is:

bracelets

'jewellery' is the definition.
(I know that Bracelets is a jewellery)

'two permits' is the wordplay.
'two' becomes 'brace' (brace can mean two of something).
'permits' becomes 'lets' ('let' can be a synonym of 'permit').
'brace'+'lets'='BRACELETS'

'for' acts as a link.

(Another definition for bracelets that I've seen is " Adornments for the wrist".)

I've seen this clue in The Guardian.

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