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Petroleum Products Act, 1977 (Act No. 120 of 1997)

Regulations

Regulations regarding Petroleum Products Site and Retail Licences

Chapter 2 : Retail Licences

24. Commencement and continuation of business under retail licence

 

(1) A licensed retailer must commence with retailing activities at the corresponding licensed site within a period of 12 months after the date on which a retail licence is issued to the licensee, failing which the licence shall lapse.

 

(2) The Controller may, upon application in writing, extend the period of time contemplated in subregulation (1) for a consecutive period of six months for a total period not exceeding 18 months.

 

(3) The Controller may request the information necessary from the applicant, concerning an application contemplated in subregulation (2).