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Gas Act, 2001 (Act No. 48 of 2001)

Chapter III : Gas Licences and Registration

25. Revocation of licence on application

 

(1) The Gas Regulator may revoke a licence on the application of a licensee if—
(a) the licensed facility or activity is no longer required;
(b) the licensed facility or activity is not economically justifiable; or
(c) another person is willing and able to assume the rights and obligations of the licensee concerned in accordance with the requirements and objectives of this Act, and a new licence is issued to such person.

 

(2) Licensees must give the Gas Regulator at least 12 months notice in writing of their intention to cease their activities.

 

(3) The form and procedure to be followed in revoking a licence under subsection (1) is as prescribed.